The original price on a table is $250. The table is on sale for $137.50. What is the markdown rate?
A) 55%
B) 45%
C) 40%
D) 35%

Name: The original price on a table is $250. The table is on sale for $137.50. What is the markdown rate? A) 55% B) 45% C) 40% D) 35%
Brand: Quizplus
Rating: 4.8 (30 reviews)

Question

Quizplus · Accepted Answer

The markdown rate is calculated by dividing the amount of the markdown by the original price. The markdown is $250 - $137.50 = $112.50. The markdown rate is ($112.50 / $250) * 100 = 45%.

The Original Price on a Table Is $250