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Unformatted text preview: conclusion about the two answers? 30*1.40 = 42 (markup at 40%) 30+x=42 x=12 30 / 42 = 0.714285714 12 / 42 = 0.285714286 3. What does markdown refer to? The markdown refers to the difference in price between the original selling price and the discounted price. 4. How do you calculate % markdown. What do you use as the base? Markdown/original price. The base is the original price. 5. Application Problem: Give one example where you may use a concept found in this chapter. When shopping I and I find a product some % off then I calculate how much the price will be....
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This note was uploaded on 12/30/2009 for the course MATH 1220 taught by Professor Roarty during the Spring '09 term at Metropolitan Community College- Omaha.
- Spring '09