calculate the markdown rate.\njersey\nregular price $85\nsale price $80\nmarkdown rate = ?%\nround to the…
calculate the markdown rate.\njersey\nregular price $85\nsale price $80\nmarkdown rate = ?%\nround to the nearest percent.
Answer
Answer:
6%
Explanation:
Step1: Calculate markdown amount
$85 - 80=5$
Step2: Calculate markdown rate
$\frac{5}{85}\times100%\approx 5.88%$
Step3: Round to nearest percent
Rounding $5.88%$ gives 6%