Question

think about the process karen purchased a dvd player on sale. the original selling price was $175.90. the sale price was $141.37. what is the first step in finding the percent markdown? find the percent markdown. what is the first step in finding the percent markdown? a. find the markdown. help me solve this view an example get more help

Explanation:

Step1: Understand Percent Markdown

Percent markdown is calculated as \(\text{Percent Markdown} = \frac{\text{Original Price} - \text{Sale Price}}{\text{Original Price}} \times 100\%\). So the first step is to find the amount of markdown, which is the difference between the original price and the sale price.

Step2: Calculate Markdown Amount

Original price (\(P_{original}\)) = \$175.90, Sale price (LXI1) = \$141.37.
Markdown amount (\(M\)) = \(P_{original} - P_{sale}\) = \(175.90 - 141.37 = 34.53\).

Step3: Calculate Percent Markdown

Now, use the formula for percent markdown:
\(\text{Percent Markdown} = \frac{M}{P_{original}} \times 100\% = \frac{34.53}{175.90} \times 100\%\).
Calculate \(\frac{34.53}{175.90} \approx 0.1963\), then multiply by 100%: \(0.1963 \times 100\% \approx 19.63\%\).

Answer:

The percent markdown is approximately \(19.63\%\), and the first step is to find the markdown amount (original price - sale price).