SOLUTION: M45 markups and markdowns - Studypool - Free Printable

Let’s solve this step by step, just like you’re working through it with a teacher.

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We are told:

- Original price of the tablet = $149
- It was marked down by 35%
- We need to find the sale price

To do that, we first find how much money was taken off (the markdown amount), then subtract that from the original price.

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Step 1: What percent equation will you use to find the amount of the markdown?

The worksheet gives us:

> markdown = percent markdown × original price

So we write:

markdown = 0.35 × 149

*(We’ll explain why 0.35 in a second.)*

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Step 2: What is the original price?

That’s given directly: $149

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Step 3: What is the percent markdown?

Also given: 35%

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Step 4: Write the percent as a decimal.

To turn a percent into a decimal, divide by 100.

35 ÷ 100 = 0.35

So, 35% = 0.35

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Step 5: Use your equation to find the amount of the markdown.

Now plug in the numbers:

markdown = 0.35 × 149

Let’s calculate that:

First, think of 0.35 as 35/100.

So, 35% of 149 = (35 × 149) ÷ 100

Calculate 35 × 149:

Break it down:

35 × 100 = 3500
35 × 40 = 1400
35 × 9 = 315

Add them: 3500 + 1400 = 4900; 4900 + 315 = 5215

Now divide by 100: 5215 ÷ 100 = 52.15

✔ So, markdown = $52.15

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Step 6: Subtract the amount of the markdown from the original price.

Original price – markdown = sale price

$149.00 – $52.15 = ?

Let’s subtract:

149.00
–52.15
________
Start from the right:

0 – 5 → can’t do, borrow → 10 – 5 = 5
(But actually, let’s do it properly.)

Think of it as:

149.00 minus 52.15

= (149.00 – 52.00) – 0.15
= 97.00 – 0.15
= 96.85

Or directly:

149.00
– 52.15
_________
96.85

✔ Sale price = $96.85

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Final Answer:
$96.85