Question

Bargains Galore marked down a $82 cappuccino machine to $72. Calculate the following (if necessary, round your answer for markdown percent to the nearest hundredth percent):

Answer 1

12.20%

Explanation:

$82 went down to $72.

$82 - $72 = $10

The price went down $10.

Now we find the percent that $10 is of $82.

percent = part/whole * 100%

percent = 10/82 + 100% = 12.195%

Answer: 12.20%

Answer 2

12.2%

Explanation:

82 ·
`(100-x)/(100)` = 72 When multiplied by a certain percent we get 72

82(100-x) = 7200

100(A whole as you may say) - *a percent* = the markdown

8200-82x=7200

82x = 1000

x ≈ 12.2

Tell me if you need further explanation