Find the sale price of the item. Round to two decimal places if necessary.


Original price: $238.45


Markdown: 74%

PLEASE HELPP

Answers

Answer 1

Answer:

Sales price = $62.00

Explanation:

Given the following data;

Original price = $238.45

Markdown = 74% = 74/100 = 0.74

To find the sales price;

First of all, we would calculate the markdown price;

Markdown price = 0.74 * 238.45

Markdown price = $176.45

Next, we calculate the sales price;

Sales price = original price - markdown price

Sales price = 238.45 - 176.45

Sales price = $62.00

Note: a markdown is a discount on the price of a product i.e lowering the sales price in order to boost the sales of a product.


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