Answer: The answer is provided below
Step-by-step explanation:
A price markdown is a reduction that is deliberate when selling a product. From the question, we are informed that a video game that usually costs $30.65 is marked down 60%.
The find the new price of the video game, we have to subtract the amount reduced from the original price. The amount reduced is:
= 60% of $30.65
= 60/100 × $30.65
= 0.6 × $30.65
= $18.39
The new selling price = $30.65 - $18.39
= $12.26
The error that Kelvin made when he determined that the new price of the game would be $18.39 was that he didn't subtract the value from the original price of the video game.
