To determine the value of a reduced price:
A store had 896 swimsuits that were marked to sell at $46.95. Each suit was marked down $17.90. Find the reduced price using the formula M = S – N,
where
M is the markdown,
S is the original selling price, and
N is the reduced price.
[tex]\begin{gathered} M=S-N \\ 17.90=46.95-N \\ N=46.95-17.90 \\ N=29.05 \\ N=\text{ \$29.05} \end{gathered}[/tex]Therefore the reduced price is $29.05
