Question

1. Markdown a) Look at the three markdowns below and without calculating indicate which one on first glance you think represents the biggest savings in dollars. b) Then calculate which represents the biggest savings in total dollars. i. A markdown from $85.27 to $70.66 ii. A markdown from $83.99 to $69.99 iii. A markdown from $80.00 to $70.00

Answer 1

1
a
the FIRST one represents the biggest saving in total dollars

b.

i	85.27 - 70.66	14.61
ii	83.99 - 69.99	14
iii	80.00 - 70.00	10

2.
a.
The FIRST one

b.

		Amount	Saving
i	50% X 2,000	1000	1000	50.00%
ii	2,000 X 75% X 75%	1125	875	43.75%
iii	2,000 X 80% X 80% X 80%	1024	976	48.80%