sale price pp. 246-247 6-7 section. click to edit master text styles second level third level fourth...
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Click to edit Master text styles Second level Third level Fourth level Fifth level 3 SECTION Copyright © Glencoe/McGraw-Hill MBA, Section 6-7, Slide 3 of Sale Price = Regular Selling Price – Markdown Formula 1TRANSCRIPT
Sale Price pp. 246-2476-7SECTION
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Copyright © Glencoe/McGraw-Hill MBA, Section 6-7, Slide 2 of 14
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sale price (p. 246)The regular selling price of an item minus the discount or markdown on the price.
Key Words to KnowKey Words to Know
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Copyright © Glencoe/McGraw-Hill MBA, Section 6-7, Slide 3 of 14
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Sale Price = Regular Selling Price – Markdown
Formula 1Formula 1
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Copyright © Glencoe/McGraw-Hill MBA, Section 6-7, Slide 4 of 14
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Sale Price = Percent Paid × Regular Selling PriceNote: If you use Formula 2, then you first need to calculate the percent paid: Percent Paid = 100% – Percent off
Formula 2Formula 2
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Copyright © Glencoe/McGraw-Hill MBA, Section 6-7, Slide 5 of 14
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Little Debby has a 25 percent off coupon and is purchasing a watch that has a regular price of $125.00. What will she pay for the watch?
Example 1Example 1
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Copyright © Glencoe/McGraw-Hill MBA, Section 6-7, Slide 6 of 14
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Find the markdown.Regular Selling Price × Markdown Rate$125.00 × 25% = $31.25 markdown
Example 1 Answer: Example 1 Answer: Step 1Step 1
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Copyright © Glencoe/McGraw-Hill MBA, Section 6-7, Slide 7 of 14
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Find the sale price.Regular Selling Price – Markdown$125.00 – $31.25 = $93.75
Example 1 Answer: Example 1 Answer: Step 2Step 2
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A children’s apparel shop is having a sale on denim overalls for toddlers. The overalls usually sell for $24.99. The markdown rate is 20 percent. What is the sale price?
Practice 1Practice 1
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$19.99
Practice 1 AnswerPractice 1 Answer
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