Answer
Sale Price = $22
Explanation
Mark down percentage is given as
[tex]\text{Markdown percentage = }\frac{(Original\text{ Price) - (Sale Price)}}{(Original\text{ }Price)}\times100[/tex]For this question,
Markdown percentage = 12%
Original Price = $25
Sale Price = ?
[tex]\begin{gathered} \text{Markdown percentage = }\frac{(Original\text{ Price) - (Sale Price)}}{(Original\text{ }Price)}\times100 \\ 12=\frac{25-(\text{Sale Price)}}{25}\times100 \\ \text{Divide both sides by 100} \\ 0.12=\frac{25-(\text{Sale Price)}}{25} \\ \text{Cross multiply} \\ 25-(\text{Sale Price) = (0.12 }\times25) \end{gathered}[/tex]25 - (Sale Price) = 3
Sale Price = 25 - 3
Sale Price = $22
Hope this Helps!!!
