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Quiz & Worksheet - Calculating Markup & Markdown | Study.com - Free Printable

Educational worksheet: Quiz & Worksheet - Calculating Markup & Markdown | Study.com. Download and print for classroom or home learning activities.

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Show Answer Key & Explanations Step-by-step solution for: Quiz & Worksheet - Calculating Markup & Markdown | Study.com

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Final Answer:
$28

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Explanation:
- The toothbrush costs $40.
- A markdown of 30% means we take away 30% of $40.
- First, find 30% of 40: 30% is the same as 0.30, so 0.30 × 40 = $12.
- Now subtract that from the original price: $40 - $12 = $28.
- So the new price after the markdown is $28.

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Parent Tip: Review the logic above to help your child master the concept of mark up percentage and discount worksheet.

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