Question

Calculate the sale price on a pair of blue jeans if the original price is $45.50 and the markdown is 15%.

Answer 1

38.68

Explanation:

First we need to find the markdown

markdown = original price * markdown rate

= 45.50 * 15%

= 45.50 * .15

= 6.825

Then we need to find the sale price

sale price = original price- markdown

= 45.50 - 6.825

=38.675

Rounding to the nearest cent

= 38.68

The sale price is 38.68