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.
- The original price is $32.
- 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:
- \( (32 \text{ dollars}) \times (100% - 15%) = (32 \text{ dollars}) \times (85%) = 27 \text{ dollars and } 20 \text{ cents} \)
Therefore, option 1 is the correct equation that shows the new price of the pan.