Question

A laptop was originally sold for $975. The laptop is now on sale for $828.75. What is the percent markdown?

Answer 1

( new - original)/ original * 100 = percent markdown

(975 - 828.75) / 975 * 100 = percent markdown

146.25/975 *100 = percent markdown

.15* 100 = percent markdown

15 percent markdown

Answer 2

Answer:

The percentage markdown is 15 % .

Step-by-step explanation:

Formula

$Percentage = \frac{Change\ in\ price\times 100}{Initial\ value}$

Where

Change in Price = Final price - Initial price

As given

A laptop was originally sold for $975.

The laptop is now on sale for $828.75.

Initial price = $975

Final price = $828.75

Change in Price = $828.75 - $975

                           = - $146.25

(As the negative sign represented the decrease thus negelected .)

                          = $146.25

Putting all the values in the formula

$Percentage\ markdown = \frac{Change\ in\ price\times 100}{Initial\ value}$

$Percentage\ markdown = \frac{146.25\times 100}{975}$

$Percentage\ markdown = \frac{14625}{975}$

                                               = 15%

Therefore the percentage markdown is 15 % .