Final answer:
The *first step* in finding the
percent markdown
is to calculate the
difference between the original selling price and the sale price
, and then
divide
that
difference
by the original selling price.
The
answer is
20.134%
Step-by-step explanation:
To find the percent markdown, you need to calculate the difference between the original selling price and the sale price, and then divide that difference by the original selling price. Let's do the calculation:
Subtract the sale price from the original selling price:
$171.50 - $136.97 = $34.53
Divide the difference by the original selling price:
$34.53 / $171.50
Multiply the result by 100 to get the percentage:
$34.53 / $171.50 * 100 = 20.13%
So, the percent markdown is 20.13%.
Learn more about Percent markdown