Question

Brooke needs a new computer. On Friday, the computer was $200.00. On Saturday, the price of the computer was $149.00. Determine if there was a markup or markdown and by what percent.

Answer 1

The computer had a markdown of approximately 25.5%.

Step-by-step explanation:

To determine if there was a markup or markdown, we need to compare the original price with the new price.

Original price = $200.00

New price = $149.00

To calculate the percent change, we use the formula:

Percent change = ((New Price - Original Price) / Original Price) * 100

Plugging in the values, we get:

Percent change = (($149.00 - $200.00) / $200.00) * 100

Percent change ≈ -25.5%

Since the percent change is negative, this indicates a markdown.