Question

Can somebody please help me I need help really bad

Answer 1

A markdown is a reduction in the price of an item.

Markdown rate is calculated using the formula:

`\text{Markdown rate = }\frac{\text{Original price - Sale price}}{Original\text{ price}}*100\text{ }`

Given:

Original price = $ 50

Sale price = $ 30

Substituting:

`\begin{gathered} \text{Markdown rate = }(50-30)/(50)*\text{ 100} \\ =(20)/(50)*\text{ 100 \%} \\ =\text{ 40 \%} \end{gathered}`

Hence, the markdown rate for the shoes is 40%

Answer: Option D