sale price calculation\noriginal price: $12.00\nmarkdown: $2.40\nsale price: $9.60\nwhich situation is…

sale price calculation\noriginal price: $12.00\nmarkdown: $2.40\nsale price: $9.60\nwhich situation is modeled here?\nan item marked down 20% to $1.2\nan item marked down 12% to $9.60\nan item marked down 20% to $9.60\nan item marked up 20% from $12\noriginal price: $12 markdown: 20%
Answer
Explanation:
Step1: Calculate markdown amount
The markdown amount is calculated as a percentage of the original price. If the original price is $P = 12$ and the markdown percentage is $r=20%=0.2$, then the markdown amount $M = P\times r=12\times0.2 = 2.4$.
Step2: Calculate sale price
The sale price $S$ is the original price minus the markdown amount. So $S=P - M=12 - 2.4=9.6$.
Answer:
an item marked down 20% to $9.60