#1) If the price of an item is $130 and the discount is at 60%, this means the price of the sale price should be 60% of the original price, $130.
What is 60% of 130? Well, the "of" in mathematics is an indicator of the multiplication operation, so the problem is effectively 60% * 130.
60%∗130 | Convert the percentage to a decimal or fraction and simplify the expression. |
60%=60100=35 | Now, do the multiplication. |
35∗1301 | Notice that the 130 and the 5 have a GCF of 5, so we can do some canceling here. |
3∗26 | Do the multiplication. |
$78.00 | This is the sale price of the particular item. |
#2) A mark up means that the store is adding to the original price of the item. In this case, $45 with a 35% markup means that the sale price should increase by 35%. In other words, this means:
Sale price = $45 + (35% of 45)
Let's simplify this.
$45+35% of 45 | "Of" yet again means multiplication. |
45+35∗45 | Using some algebra skills, we can make this one multiplication problem. |
45∗1.35 | |
$60.75 | |