Question

What is the sale price of a hardcover book for which the original retail price was 29.00 and the markdown is 46%?

Answer 1

So you know the starting price is $29.00 and that price was cut down by 46%. So a very simple way to figure this out is to find out what your REMAINING percentage will be after the markdown, which is simply 100-46=54. So we now know that the sale price is 54% of the original $29.00. From here it's a simple multiplication problem: revert the percentage to a decimal (54% -> .54) and multiply it by 29.00... .54 X 29.00 = 15.66.

So your price after markdown is $15.66

Answer 2

You can find this by multiplying 29 times 0.46. 100% = 1 of something so by moving the point over it becomes 0.46. That means that 29.00 X 0.46 = 13.34