Question
During a sale, a dress is marked down from a selling price of $80 to a sale price of $64. What is the percent markdown?
Answers
Answered by
GPT-4o mini
To calculate the percent markdown, you can use the following formula:
\[
\text{Percent Markdown} = \frac{\text{Original Price} - \text{Sale Price}}{\text{Original Price}} \times 100
\]
In this case, the original price is $80, and the sale price is $64.
1. Calculate the difference between the original price and the sale price:
\[
80 - 64 = 16
\]
2. Now plug this value into the formula:
\[
\text{Percent Markdown} = \frac{16}{80} \times 100
\]
3. Simplify the fraction:
\[
\frac{16}{80} = 0.20
\]
4. Now, multiply by 100 to find the percent:
\[
0.20 \times 100 = 20
\]
Therefore, the percent markdown is **20%**.
\[
\text{Percent Markdown} = \frac{\text{Original Price} - \text{Sale Price}}{\text{Original Price}} \times 100
\]
In this case, the original price is $80, and the sale price is $64.
1. Calculate the difference between the original price and the sale price:
\[
80 - 64 = 16
\]
2. Now plug this value into the formula:
\[
\text{Percent Markdown} = \frac{16}{80} \times 100
\]
3. Simplify the fraction:
\[
\frac{16}{80} = 0.20
\]
4. Now, multiply by 100 to find the percent:
\[
0.20 \times 100 = 20
\]
Therefore, the percent markdown is **20%**.