Asked by Brandon

Find the value of each markup or discount.

Original: $20.00
percent of discount: 40%

Answers

Answered by Ms. Sue
20 * 0.6 = ?



Answered by Brandon
my teacher keeps saying there is some formula or equation to solve this? Do you know.
Answered by Anne
It would be 20*.6

The closest thing to a formula for problems like these would be

if it is a discount you multiply the original price by (1-discount). Like for this it was 20*(1-.4)

If it is a markup then it is the original price multiplied by (1+markup). For example, if this was a markup instead of a discount it would have been 20*(1.4)
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