Question

Eugene is ready to purchase a new suit. It regularly sells for $132.45, but it is on sale for $89.95. What is the mark down?

Answer 1

Given:

The initial selling price, sp=$132.45.

The new selling price, SP=$89.95.

The mark down in selling price is,

$\begin{gathered} D=sp-SP \\ =132.45-89.95 \\ =42.5 \end{gathered}$

Therefore, the markdown is $42.5.