Problema Solution
The original price of a pair of binoculars is $81. The sale price is $63.25. How much was the markdown?
Answer provided by our tutors
if the original price of the binoculars is $81, and the sale price is $63.23, we need to find the percentage difference betwee the two costs.
the difference in price is 81-63.25=$17.75
the markdown rate was calculated from (63.25/81)*100 = 78%, so the markdown rate was 22%,