Question

Please look at the photo Find the missing quantity with the information given. Round rates to the nearest whole percent and dollar amounts to the nearest cent.

Answer 1

To find the % Markdown, divide the $ Markdown by the Original price

$1.30 ÷ $6.50 = 0.2

Now we have the markdown in decimal form. We now need to convert it into percentage form by multiplying the decimal by 100%.

0.2 × 100% = 20%

Therefore, the % Markdown is equal to 20%.