20.07.2022 - 19:43

Macy’s was selling Calvin Klein jean shirts that were originally priced at $58.00 for $8.70. Based on the selling price, what is the percent markdown?

Question:

Macy’s was selling Calvin Klein jean shirts that were originally priced at $58.00 for $8.70. Based on the selling price, what is the percent markdown?

Answers (1)
  • Ada
    April 4, 2023 в 11:42
    The percent markdown can be found by dividing the amount of markdown by the original price and multiplying by 100%. The amount of markdown is $58.00 - $8.70 = $49.30. Dividing this by the original price, $58.00, gives 0.85. Multiplying by 100% gives a percent markdown of 85%. Therefore, the Calvin Klein jean shirts were marked down by 85%.
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