Question

Original price:$29.99;markdown: 33 1/3%
Find the retail price

Answer 1

33.3%, move the decimal to the left twice to make it easier. then multiply 29.99 by .333. take that and subtract it from 29.99. I got 20, I'm not sure if that's right though

Answer 2

Retail Price of the item is $ 19.99 (approx.)

Explanation:

Given:

Original Price of an item = $ 29.99

Markdown Percentage =
`33(1)/(3)` % =
`(33*3+1)/(3)=(100)/(3)` %

We need to find: Retail Price

We know that Retail price = Original Price - Markdown amount

Markdown amount =
`((100)/(3))/(100)*29.99`

=
`(100)/(300)*29.99`

=
`(2999)/(300)`

= $ 10 (approx.)

So, Retail price = 29.99 - 10 = $ 19.99

Therefore, Retail Price of the item is $ 19.99 (approx.)