Question

Find the new price after the markdown given. Round to the nearest cent if necessary. $5,250 marked down 15%

Answer 1

Marked down 15% means the new price would be 85% of the original price ( 100%-15% - 85%)

Multiply the original price by 85%:

5250 x 0.85 = 4462.50

The new price is $4,462.50