Question

A coat at a store is originally priced at $54.99. The store marks the price down to $32.99. To the nearest percent, what is the percent markdown of the coat?

Answer 1

66.6%

Explanation:

Step one

given

A coat at a store is originally priced at $54.99

The store marks down the price down to $32.99

Required

the percent decrease

Step two:

the percent decrease= change in price/ old price*100

the percent decrease= 54.99-32.99/54.99*100

the percent decrease= 22/ 32.99*100

the percent decrease= 0.666*100

the percent decrease= 66.6%