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31 January, 18:57

A chair normally priced at $75, is marked down to $45.

What is the percent markdown for the chair?

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Answers (2)
  1. 31 January, 21:27
    0
    starts at 36 ... marks up by 60%

    36 + 0.60 (36) = 36 + 21.60 = 57.60

    now they mark it down by 20%

    57.60 - 0.20 (57.60) = 57.60 - 11.52 = 46.08

    46.08 * 2 = 92.16
  2. 31 January, 21:32
    0
    Former price75, now is 45, so the discount is 75-45 = 30, and the discount is 30/75 = 40%
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