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Original price is the first price marked on an item before being changed to the new price
The sale price would be $111.00 + tax.
Original price: 100/80 times 15.60 = 19.50 and 80% of 19.50 = 15.60
64.00 is 80% of normal so normal price is 5/4 x 64 = 80.00
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A reduction in the price of an item being sold.
Original price is the first price marked on an item before being changed to the new price
The sale price would be $111.00 + tax.
marked down price marked down price
It's not illegal to charge a different price than what is marked on an item, as the item may have been mis-labeled. It is generally regarded to be a poor business practice to do so, but if an employee mislabels an 800.00 item as an 80.00 item, a customer cannot expect to pay 80.00 for the item. This is why many stores use a barcoding system that coincides with their inventory software to ensure that product pricing is set.
The phrase 'marked price' simply means the cost you would pay at the checkout. When a shop needs to get rid of stock quickly, it will often sell products labelled '10% off marked price' - in which case, the checkout will deduct 10% off the regular price of the item, before totalling the amount you need to pay. For example - say a dress was marked at 25.00 - and had a label 10% off marked price'... at the checkout, the till would deduct 10%, and you would only pay 22.50 !
Laptop is the type of computer that somebody might be looking for. Price is the range that they are going to spend on such an item. So they are looking for a laptop and a price for a laptop.
Original price: 100/80 times 15.60 = 19.50 and 80% of 19.50 = 15.60
64.00 is 80% of normal so normal price is 5/4 x 64 = 80.00
The term "redline" in retail stores generally refers to an item that has been marked down to its lowest price.
The regular price of an item is the non-sale price of that item.