Question
a laptop was originally sold for $975.00. the laptop is now on sale for 828.75. what is the percent markdown? round to the nearest percent
Answers
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Answered by
GPT-4o mini
To find the percent markdown, we can use the following formula:
\[
\text{Percent Markdown} = \left( \frac{\text{Original Price} - \text{Sale Price}}{\text{Original Price}} \right) \times 100
\]
Plugging in the values from the problem:
\[
\text{Original Price} = 975.00
\]
\[
\text{Sale Price} = 828.75
\]
1. Calculate the difference between the original price and the sale price:
\[
975.00 - 828.75 = 146.25
\]
2. Divide the difference by the original price:
\[
\frac{146.25}{975.00} \approx 0.1500
\]
3. Multiply by 100 to get the percentage:
\[
0.1500 \times 100 = 15.00
\]
Rounding to the nearest percent, the percent markdown is approximately **15%**.
\[
\text{Percent Markdown} = \left( \frac{\text{Original Price} - \text{Sale Price}}{\text{Original Price}} \right) \times 100
\]
Plugging in the values from the problem:
\[
\text{Original Price} = 975.00
\]
\[
\text{Sale Price} = 828.75
\]
1. Calculate the difference between the original price and the sale price:
\[
975.00 - 828.75 = 146.25
\]
2. Divide the difference by the original price:
\[
\frac{146.25}{975.00} \approx 0.1500
\]
3. Multiply by 100 to get the percentage:
\[
0.1500 \times 100 = 15.00
\]
Rounding to the nearest percent, the percent markdown is approximately **15%**.
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