Finding a Total Amount Answers

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Which statements are true about markups and markdowns? Check all that apply.

To find a markup price, add the original amount to the markup amount.

To find a markdown price, subtract the markdown amount from the original amount.

Gratuities and markdowns both involve adding to the original amount.

Discounts and markdowns both involve subtracting from the original amount.

To find the final price after taxes, subtract the tax amount from the original price.

b =

$52

$78

$90

$108

Tony’s Electronics is marking down the price of a TV 23% from the original price of $175. Which expression can be used to find the sale price.

175 + 0.23(175)

23 + 1.75(23)

175 – 0.23(175)

23 – 1.75(23)

a =

$12

$18

$24

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