Question

you purchase an item for $45.50 and want to sell it for a markdown of 15%. what is the new sales price? how much did you mark it down

Answer 1

$38.67

Explanation:

Well 15% of 45.50 is $6.83.

0.15 x 45.50 = $6.83.

45.50 - 6.83 = 38.67

Answer 2

$38.68

Explanation:

The 15% markdown is 15 percent of $45.50, or 0.15($45.50) = $6.83.

The new sales price is $45.50 - $6.83, or 0.85($45.50), or $38.68