Percent or percentage equates to hundredths.
The new price for a pair of shoes originally priced at $130 and going on sale with a 15% reduction can be calculated in two main ways.
1) If 15% is taken off then 85% remains.
130 x 85/100 = 110.50
2) Calculate 15% and then subtract this amount from the original price.
15% of 130 = 130 x 15/100 = 19.50 : 130 - 19.50 = 110.50
101.94
60 Dollars
The original price was $16.00
The markdown is 30%
61.78 x 5/4 = 77.23
She got a 30% discount on the shoes!
The shoes will cost 21.
101.94
60 Dollars
The original price was $104.00
$54.85
The original price was $16.00
The percentage of increase from 52 to 64 is 23 percent.
70
The markdown is 30%
The average price of a pair of tennis shoes in 1962 was 5 dollars. Those same shoes would cost 40 dollars in 2004.
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