Question

Original price: $80; Markdown: 16% The retail price is ?

Answer 1

Original price = $80

Markdown = 16% of $80

$\begin{gathered} =\text{ }\frac{16}{100}\text{ x 80} \\ =\text{ }\frac{1280}{100} \\ =\text{ \ 12.8} \end{gathered}$

The retail price = $80 - $12.8

= $67.2