Answer: $156
Explanation:
If a fishing reel had a markdown from $354 to $298, the percentage decrease will be:
= (354 - 298)/354 × 100
= 56/354 × 100
= 15.82%
Using thesame percentage decrease, when the price of a laptop is $185, the new price will be:
= (100% - 15.82%) × 185
= 84.18% × 185
= 0.8418 × 185
= 155.7
= $156 approximately