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MATH(markup and markdown )

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3.THE markdown percent for a camera is 20%.if the new retail price is RM250, find the old retail price.

  • MATH(markup and markdown ) -

    Multiply:

    250*1.2 = ??

    (RM250 x 120%)

  • MATH(markup and markdown ) -

    rm250/100x120 ?

    is that true my formula?

  • MATH(markup and markdown ) -

    old price --- x

    .8x = 250
    x = 250/.8 = 312.50

    check:
    markdown on 312.50 = .2(312.50) = 62.50
    new price = 312.50 - 62.50 = 250

  • MATH(markup and markdown ) -

    how get .8 ?100-20=80 then divided by 100 = .8 ?

  • MATH(markup and markdown ) -

    I respectfully disagree, the answers are not the same

    If I take a take a 20% markdown on your $300
    I get $60, which would leave a new price of $240, not $250

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