Question
A stationary shop markdown their writing boards by 40%. The markdown is $32. What is the original selling price and selling price after markdown of the writing boards?
$50, $25
$60, $24
$80, $48
$70, $28
$50, $25
$60, $24
$80, $48
$70, $28
Answers
GPT-4o mini
Let's denote the original selling price of the writing boards as \( P \).
According to the problem, the markdown is 40%, which means:
\[
\text{Markdown} = 0.40 \times P
\]
We know that the markdown amount is $32. Therefore, we can set up the equation:
\[
0.40 \times P = 32
\]
To find the original selling price \( P \), we can solve for \( P \):
\[
P = \frac{32}{0.40} = 80
\]
Thus, the original selling price is \( P = 80 \) dollars.
Now, let's calculate the selling price after the markdown:
\[
\text{Selling Price After Markdown} = P - \text{Markdown} = 80 - 32 = 48
\]
So, the original selling price is $80 and the selling price after markdown is $48.
The correct answer from the options provided is:
**$80, $48**.
According to the problem, the markdown is 40%, which means:
\[
\text{Markdown} = 0.40 \times P
\]
We know that the markdown amount is $32. Therefore, we can set up the equation:
\[
0.40 \times P = 32
\]
To find the original selling price \( P \), we can solve for \( P \):
\[
P = \frac{32}{0.40} = 80
\]
Thus, the original selling price is \( P = 80 \) dollars.
Now, let's calculate the selling price after the markdown:
\[
\text{Selling Price After Markdown} = P - \text{Markdown} = 80 - 32 = 48
\]
So, the original selling price is $80 and the selling price after markdown is $48.
The correct answer from the options provided is:
**$80, $48**.