Question

6. What is the selling price of a watch that is on sale for $2,198 with a markdown rate of 27%.

Answer 1

1604.54

Explanation:

To find the markdown price you need to find 27% of $2,198. To do this change the percent to a decimal. 0.27. Then multiply $2,198 * 0.27. This gets you 593.46. This is how much the price is deducted. Therefore subtract your original by the deduction. 2198-593.46. This gets you 1604.54