Complete question :
A store advertises a 20% markdown on a dishwasher with a selling price of $952. Find the sale price. This is the greatest possible markdown that the store can discount the dishwasher without losing money. What does this tell you about the cost?
Answer:
$761.60
Explanation:
Given that :
Sales price = $952
Markdown % = 20%
Sales price = (100 - 20)% * $952
Sales price = 80% * $952
Sales price = $761.60
If 20% is the greatest possible markdown the store can give without losing money, then the price at which the store purchased the dishwasher is $761.60