A hat from last season is reduced by 60% and the markdown amount is $15. The sale price of the hat is $25.

Name: A hat from last season is reduced by 60% and the markdown amount is $15. The sale price of the hat is $25.
Brand: Quizplus
Rating: 4.7 (30 reviews)

Question

Quizplus · Accepted Answer

The original price of the hat before the markdown was $37.50. If the markdown amount was $15 (60%), then the sale price would be the original price minus the markdown amount, which is $22.50, not $25.

A Hat from Last Season Is Reduced by 60% and the Markdown