A laptop was originally sold for $975. The laptop is now on sale for $828.75.what is the percent markdown?
Accepted Solution
A:
Answer: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 formulaPercent markdown =(Original cost -Current cost)/ Original Cost × 100Let plug in the formulaPercent markdown=($975 - $828.75) / $975 ×100Percent markdown=146.25/975 ×100Percent 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%