a book is marked down by 28 percent from an original price of $19.50. what is the new price?\n$5.46\n$5.85\n$…

a book is marked down by 28 percent from an original price of $19.50. what is the new price?\n$5.46\n$5.85\n$13.04\n$14.04

a book is marked down by 28 percent from an original price of $19.50. what is the new price?\n$5.46\n$5.85\n$13.04\n$14.04

Answer

Explanation:

Step1: Calculate the markdown amount

The markdown percentage is (28%=0.28). The original price is (P = 19.50). The markdown amount (M) is given by the formula (M=0.28\times19.50). [M = 0.28\times19.50=5.46]

Step2: Calculate the new price

The new price (N) is the original price minus the markdown amount. So (N=19.50 - M). Substitute (M = 5.46) into the formula. [N=19.50-5.46 = 14.04]

Answer:

($14.04) (the fourth option)