calculate the markdown rate.\nboard game\nregular price $45\nsale price $36\nmarkdown rate = ?%\nround to…
calculate the markdown rate.\nboard game\nregular price $45\nsale price $36\nmarkdown rate = ?%\nround to the nearest percent.
Answer
Explanation:
Step1: Calculate markdown amount
$45 - 36 = 9$
Step2: Compute markdown rate as percentage
$\frac{9}{45} \times 100 = 20$
Answer:
20%