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Target originally sold a coat for 
$127. It has been marked down by 
65% for the end of season clearance. What is the new price of the coat?

Target originally sold a coat for $127 \$ 127 . It has been marked down by 65% 65 \% for the end of season clearance. What is the new price of the coat?

Full solution

Q. Target originally sold a coat for $127 \$ 127 . It has been marked down by 65% 65 \% for the end of season clearance. What is the new price of the coat?
  1. Original Price: Original price of the coat: $127\$127
  2. Markdown Percentage: Markdown percentage: 65%65\%
  3. Calculate Discount: Calculate the amount of the discount by multiplying the original price by the markdown percentage. \newlineDiscount = $127×65%=$127×0.65\$127 \times 65\% = \$127 \times 0.65
  4. Discount Amount: Calculate the discount amount.\newlineDiscount = $127×0.65=$82.55\$127 \times 0.65 = \$82.55
  5. Subtract Discount: Subtract the discount from the original price to find the new price.\newlineNew price = Original price - Discount\newlineNew price = $127\$127 - $82.55\$82.55
  6. Calculate New Price: Calculate the new price.\newlineNew price = $127\$127 - $82.55\$82.55 = $44.45\$44.45