Question

A laptop was originally sold for $975. The laptop is now on sale for $828.75.

What is the percent markdown?

Answer 1

If a laptop was originally sold for $975. The laptop is now on sale for $828.75. The percent markdown will be 15%

Using this formula

Percent markdown =(Original cost -Current cost)/ Original Cost × 100

Let plug in the formula

Percent markdown=($975 - $828.75) / $975 ×100

Percent markdown=146.25/975 ×100

Percent markdown=15%

Inconclusion If a laptop was originally sold for $975. The laptop is now on sale for $828.75. The percent markdown will be 15%