Calculating Markdown
Posted by Professor Cram in Markup and Markdown
Calculating Markdown
Use this Formula Solver! Series program to learn how to calculate price markdowns. Use your own numbers and solve for either original price, markdown rate, or sale price. It’s great for checking your homework answers, too!
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I am just confused regarding the first equation reflected on the aboved screen. It states that
Markdown rate = sale price/original price. Then after that to get the sale price multiply both sides with the original price, is it the write one. I can’t come up with the second formula then. Maybe if the formula will be Markdown rate = markdown or discount/original price, the second equation stated aboved screen can be obtained
Plz solve this for me, its urgent. Thnx. A file rack costing Rs 98.75 is marked up by Rs 12.75 reduced by Rs.6.30 raised by Rs.3.50 and then sold. Find
a. The original Retail Price
b. Final Retail Price
c. Markup & Markdown
d. Markdown Cancellation
e. Net Markdown