Question

Use the original price and the markdown to find the retail price.

Original price: $80; Markdown: 20%

Answer 1

$64

Explanation:

1. Approach

Multiply the original price by the markdown, then subtract the result from the original price.

2.Find the amount by which the item was marked down

Multiply the original price by the percent by which it was marked down.

Original price * markdown

80 * 20%

*don't forget to convert the percent to a decimal by dividing the percent by 100

80 * 0.2

= 16

3. Find the new price

Subtract the amount by which the product was marked down from the original price;

original_price - markdown

80 - 16

= 64

Answer 2

$64

Explanation:

20% of 80 = 16

$80 - $16 = $64