Question

A pan has an original price of $32 but is marked down by 15 percent. Which equation shows the new price of the pan?
1.(32 dollars) (100 percent minus 15 percent) = (32 dollars) (85 percent) = 27 dollars and 20 cents
2.(32 dollars) (15 percent) = 4 dollars and 80 cents
3.(32 dollars) (15 percent) + 32 dollars = 4 dollars and 80 cents + 32 dollars = 36 dollars and 80 cents
4.(32 dollars) (185 percent) = 59 dollars and 20 cents

Answer 1

To find the new price of the pan after a 15 percent markdown, we should calculate the discount and then subtract it from the original price. The correct approach can be represented with an equation.

1. The original price is $32.
2. The markdown percentage is 15%, which means you want to keep 85% of the original price (100% - 15% = 85%).

So, the equation to show the new price of the pan would be:

\[
\text{New Price} = (32 \text{ dollars}) \times (85\%) = (32) \times (0.85) = 27.20 \text{ dollars}
\]

This corresponds to option 1:

1. \( (32 \text{ dollars}) \times (100\% - 15\%) = (32 \text{ dollars}) \times (85\%) = 27 \text{ dollars and } 20 \text{ cents} \)

Therefore, option 1 is the correct equation that shows the new price of the pan.