Given:
The original selling price of 1 swimsuit = $44.95
The selling price of 1 marked down swimsuit = $16.90
Using the provided formula:
[tex]M\text{ = S - N}[/tex]Where,
M is the markdown
S is the original selling price
N is the reduced price
Substituting we have:
[tex]16.90\text{ = 44.95 - N }[/tex]Solving for N:
[tex]\begin{gathered} \text{Collect like terms} \\ -N\text{ = 16.90 - 44.95} \\ -N\text{ = -28.05} \\ \text{Divide both sides by -1} \\ \frac{-N}{-1}=\text{ }\frac{-28.05}{-1} \\ N\text{ = 28.05} \end{gathered}[/tex]Hence, the reduced price is $28.05
Answer:
$28.05
