# MATH(markup and markdown )

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

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3. 👁 115
1. Multiply:

250*1.2 = ??

(RM250 x 120%)

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2. rm250/100x120 ?

is that true my formula?

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posted by FIZZ
3. 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

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

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posted by FIZZ
5. 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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posted by Reiny
6. 80%/100% * 250 = 312.5

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