Question

The price of a car is $22,000, the car is marked down $2,000, what percent is the car marked down?

(This means that the price of the car is decreasing by $2000, remember part/whole x 100)

Answer 1

The car is marked down by 9.09090909 %

Explanation:

Given

The price of car = $22,000

Markdown amount = $2,000

To determine

what percent is the car marked down

The percent of the car marked down can be determined by dividing the Markdown amount by the price of the car and multiplying the result by 100.

Markdown % = [Markdown amount / The price of car] × 100

=[ 2000 / 22000 ] × 100

= 0.0909090909 × 100

= 9.09090909 %

Therefore, the car is marked down by 9.09090909 %