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.