Answer:
The sale price is $34
Step-by-step explanation:
If we are given the regular price P and the markdown percentage r, we follow these steps:
1) Calculate the markdown or discount amount M.
M = P*r/100
2) Subtract it from the regular price:
S = P - M
S is the sale price.
Example: The regular price is $40 and the markdown percentage is 15%. Thus:
1) M = $40*15/100 = $6
2) S = $40 - $6 = $34
The sale price is $34
