Question

A video game that usually costs $30.65 is marked down 60%. Kelvin determined that the new price of the game would be $18.39. Look at Kelvin's work and find his error.

Answer 1

Sample Response: Kelvin should have subtracted $18.39 from $30.65 to find the marked down price. He could also have multiplied the original cost by 40% to find the sale price of $12.26.

Explanation:

What were Kelvin’s errors? Check all that apply.

$18.39 is the markdown amount, not the new price.

The marked down price is $12.26.

Answer 2

Answer: The answer is provided below

Explanation:

A price markdown is a reduction that is deliberate when selling a product. From the question, we are informed that a video game that usually costs $30.65 is marked down 60%.

The find the new price of the video game, we have to subtract the amount reduced from the original price. The amount reduced is:

= 60% of $30.65

= 60/100 × $30.65

= 0.6 × $30.65

= $18.39

The new selling price = $30.65 - $18.39

= $12.26

The error that Kelvin made when he determined that the new price of the game would be $18.39 was that he didn't subtract the value from the original price of the video game.