Answer:
The store manager's 10% markdown results in a 10% decrease in the price compared to the original retail price, and the new sale price is 90% of the original price.
Explanation:
1. Start with the original retail price of the jeans.
2. Calculate the markdown amount by multiplying the original price by 10% (0.10).
3. Subtract the markdown amount from the original price to get the new sale price.
4. To find the percentage decrease, divide the markdown amount by the original price and multiply by 100.
5. To find the percentage of the new sale price compared to the original price, divide the new sale price by the original price and multiply by 100.
Here's an example to illustrate the calculations:
Let's say the original retail price of the jeans is $100.
1. Original retail price: $100
2. Markdown amount: $100 * 0.10 = $10
3. New sale price: $100 - $10 = $90
4. Percentage decrease: ($10 / $100) * 100 = 10%
5. Percentage of new sale price compared to original price: ($90 / $100) * 100 = 90%
Therefore, the store manager's 10% markdown results in a 10% decrease in the price compared to the original retail price, and the new sale price is 90% of the original price.
It's important to note that these calculations assume a simple markdown, where the percentage decrease is applied only once to the original price. Some markdowns may be more complex, with multiple stages or different percentages applied.