You have that the price of a product is $65.00. If this product has a markdown with 12%, to determine the net price, you calculate the 12% of 65.00 and subtract the result to 65.00.
First, multiply 12/100 by 65.00:
[tex](\frac{12}{100})(65.00)=7.8[/tex]next, subtract the previous value to 65.00:
[tex]65.00-7.8=57.2[/tex]Hence, the net price is $57.2
