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A laptop was originally sold for $975. The laptop is now on sale for $828.75. What is the percent markdown?

User Akeem
by
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2 Answers

4 votes

Answer:

The percentage markdown is 15 % .

Explanation:

Formula


Percentage = (Change\ in\ price* 100)/(Initial\ value)

Where

Change in Price = Final price - Initial price

As given

A laptop was originally sold for $975.

The laptop is now on sale for $828.75.

Initial price = $975

Final price = $828.75

Change in Price = $828.75 - $975

= - $146.25

(As the negative sign represented the decrease thus negelected .)

= $146.25

Putting all the values in the formula


Percentage\ markdown = (Change\ in\ price* 100)/(Initial\ value)


Percentage\ markdown = (146.25* 100)/(975)


Percentage\ markdown = (14625)/(975)

= 15%

Therefore the percentage markdown is 15 % .

User Leecbaker
by
8.5k points
4 votes

( new - original)/ original * 100 = percent markdown

(975 - 828.75) / 975 * 100 = percent markdown

146.25/975 *100 = percent markdown

.15* 100 = percent markdown

15 percent markdown

User Mibbit
by
8.1k points

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