Question

8 pointsQuestion 9. Find the retail sale price of each item below. Round to twodecimal places when necessary. Original price: $65.00; Markdown: 12% *

Answer 1

You have that the price of a product is $65.00. If this product has a markdown with 12%, to determine the net price, you calculate the 12% of 65.00 and subtract the result to 65.00.

First, multiply 12/100 by 65.00:

`((12)/(100))(65.00)=7.8`

next, subtract the previous value to 65.00:

`65.00-7.8=57.2`

Hence, the net price is $57.2