A store sells flower arrangements at a cost of $28 each. Which statements are true regarding the price of the arrangements? Select three options.

Question

If the price is marked down by 10 percent, the new price will be $25.20.
If the price is marked down by 25 percent, the new price will be $21.00.
If the price is marked down by 35 percent, the new price will be $18.20.
If the price is marked down by 40 percent, the new price will be $29.80.
If the price is marked down by 50 percent, the new price will be $19.00.

Answer 1

Let's calculate the new prices for each of the proposed markdown percentages to determine which statements are true:

1. 10 percent markdown:

   • Calculation: $$\text{Markdown}=28\times 0.10=2.80$$ $$\text{New Price}=28-2.80=25.20$$
   • True

2. 25 percent markdown:

   • Calculation: $$\text{Markdown}=28\times 0.25=7.00$$ $$\text{New Price}=28-7.00=21.00$$
   • True

3. 35 percent markdown:

   • Calculation: $$\text{Markdown}=28\times 0.35=9.80$$ $$\text{New Price}=28-9.80=18.20$$
   • True

4. 40 percent markdown:

   • Calculation: $$\text{Markdown}=28\times 0.40=11.20$$ $$\text{New Price}=28-11.20=16.80$$
   • False (The new price is $16.80, not $29.80)

5. 50 percent markdown:

   • Calculation: $$\text{Markdown}=28\times 0.50=14.00$$ $$\text{New Price}=28-14.00=14.00$$
   • False (The new price is $14.00, not $19.00)

Final True Statements:

• If the price is marked down by 10 percent, the new price will be $25.20.
• If the price is marked down by 25 percent, the new price will be $21.00.
• If the price is marked down by 35 percent, the new price will be $18.20.