Question

The local furniture store pays $120 for a lamp and sells it with a 20% markdown. What is the

selling price of the lamp?

Answer 1

Answer: I think its 24 tell me if I'm wrong

20 divided by 100 gives you 0.2

0.2x120 gives you 24

Answer 2

Answer:$24

Explanation:

To find 20 percent of a number you multiply the number by 20, then multiply the answer by .01.

120 x 20 = 2400

2400 x .01 = 24