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If a jacket is priced at $80 and is marked down by 30%, what is the final price?

Practice Questions

Q1
If a jacket is priced at $80 and is marked down by 30%, what is the final price?
  1. 56
  2. 60
  3. 54
  4. 58

Questions & Step-by-Step Solutions

If a jacket is priced at $80 and is marked down by 30%, what is the final price?
  • Step 1: Identify the original price of the jacket, which is $80.
  • Step 2: Calculate 30% of the original price. To do this, multiply $80 by 0.30 (which is the decimal form of 30%).
  • Step 3: Perform the multiplication: $80 * 0.30 = $24.
  • Step 4: Subtract the amount of the markdown ($24) from the original price ($80).
  • Step 5: Perform the subtraction: $80 - $24 = $56.
  • Step 6: The final price of the jacket after the markdown is $56.
  • Percentage Calculation – Understanding how to calculate a percentage of a given amount.
  • Subtraction – Applying subtraction to find the final price after a discount.
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