Find the retail price of this item below
Original Price: $65.00; Markdown: 12%
How do u do this?
The answer is $57.20
You're welcome.
100 - 12 = 88% = 0.88
65 * 0.88 = $______
huh?
Thanks
I got 8
To find the retail price of an item with a given markdown percentage, you can follow these steps:
1. Start with the original price of the item, which is $65.00.
2. Calculate the markdown amount: Multiply the original price by the markdown percentage (in decimal form). In this case, the markdown percentage is 12%, or 12/100, which equals 0.12. So, multiply $65.00 by 0.12 to get $7.80.
3. Subtract the markdown amount from the original price to find the sale price: Subtract $7.80 from $65.00 to get $57.20.
4. The retail price is the sale price. So, the retail price of the item after a 12% markdown is $57.20.
In summary, the retail price of the item after applying a 12% markdown is $57.20.