Question

If the original price of a chair is 119.00 and it is marked down 70% what is the retail sales price

Answer 1

$35.70

Explanation:

To find the amount of the reduction, multiply the original price times the percent that it was marked down. To multiply by a percent we convert it to a decimal: 70% = .70. So:

$119.00 x .70 = $83.30 <- this is how much gets taken off the original price.

To find the new price, subtract how much was taken off from the original price:

$119.00 - $83.30 = $35.70