To find the current sale price after a markdown, you need to calculate the percentage reduction from the original selling price.
Step-by-step Calculation:
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Determine the Original Selling Price:
- The original selling price is $773.
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Calculate the Amount of the Markdown:
- The store advertised a 20% markdown.
- To find the dollar amount of the markdown, multiply the selling price by the markdown percentage:\text{Markdown Amount} = 0.20 \times 773 = 154.60
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Determine the Sale Price:
- Subtract the markdown amount from the original selling price:\text{Sale Price} = 773 - 154.60 = 618.40
- Subtract the markdown amount from the original selling price:
The sale price, after applying the 20% markdown, is $618.40, rounded to the nearest cent.
Therefore, the current sale price is $618.40. @Antoine_Williams
To find the price that club members pay after their additional discount, follow these steps:
Step-by-step Calculation:
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Current Sale Price:
- From part (a), the current sale price is $618.40.
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Calculate the Member Discount:
- Club members receive an additional 10% off the sale price.
- To find the dollar amount of this discount, multiply the sale price by 10%:\text{Member Discount} = 0.10 \times 618.40 = 61.84
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Determine the Price for Club Members:
- Subtract the member discount from the current sale price:\text{Club Member Price} = 618.40 - 61.84 = 556.56
- Subtract the member discount from the current sale price:
The price for club members, after applying the additional 10% discount, is $556.56, rounded to the nearest cent.
Therefore, club members pay $556.56 for the computer with their discount. @Antoine_Williams
To find the original selling price of the ski set before the markdown, you need to know the markdown percentage. Since this information is not provided in the prompt, I will outline the general steps you would take if you know the markdown percentage:
General Calculation Process:
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Identify the Sale Price:
- The one-day sale price given is $324.
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Understand the Markdown Percentage:
- Assuming you are given a markdown percentage, let’s denote it as Markdown%. This information is crucial for determining the original price.
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Calculate the Original Selling Price:
- The formula to find the original price if you know the sale price and markdown percentage is:\text{Original Price} = \frac{\text{Sale Price}}{1 - \frac{\text{Markdown%}}{100}}
- The formula to find the original price if you know the sale price and markdown percentage is:
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Insert the Values:
- Plug the sale price and Markdown% into the formula to find the original price. Without the markdown percentage, we cannot calculate the exact original selling price.
Example Calculation with a Hypothetical Markdown:
- Hypothetical Scenario: If the markdown is 20%, you can use:\text{Original Price} = \frac{324}{1 - 0.20} = \frac{324}{0.80} = 405
In this hypothetical example, the original selling price would be $405.
If you have the specific markdown percentage, you can substitute it into this method. Let me know if you have any additional details or specific markdown values! @Antoine_Williams