Explanation The sale price is calculated as the Original Selling Price multiplied by the 100% minus the markdown percent. This is also represented as: Sale = Orig ( 100 % − MD% ) Let take an example calculate the sales price of a computer that original sold for $2,500 and was then marked down by 20% Substitute 45 % for MD and $ 2500 for Orig in relation Sale = Orig ( 100 %

Contemporary Mathematics For Business & Consumers, Loose-leaf Version

8th Edition

ISBN: 9781305867185

Author: Robert Brechner, Geroge Bergeman

Publisher: South-Western College Pub

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Chapter 8 Solutions

Contemporary Mathematics For Business & Consumers, Loose-leaf Version

Ch. 8.I - For the following, use the basic retailing...Ch. 8.I - For the following, use the basic retailing...Ch. 8.I - Prob. 3TIE Ch. 8.I - Prob. 4TIE Ch. 8.I - Prob. 5TIE Ch. 8.I - Prob. 6TIE Ch. 8.I - Prob. 1RE Ch. 8.I - For the following items, calculate the missing...Ch. 8.I - Prob. 3RE Ch. 8.I - For the following items, calculate the missing...

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The formula for calculating the sale price after a markdown.

Solution Summary: The author explains that the sale price is calculated as the Original Selling Price multiplied by the 100% minus the markdown percent.

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