The Jewelry Store priced its entire stock of sterling silver at $1577. The original price was $2130. Find the percent of markdown on the original price.
A) 135%
B) 26%
C) 35%
D) 74%

Question

Quizplus · Accepted Answer

The markdown is calculated as the difference between the original price and the sale price, divided by the original price, then multiplied by 100 to get a percentage. So, the markdown percentage is (($2130 - $1577) / $2130) * 100 = 26%.

The Jewelry Store Priced Its Entire Stock of Sterling Silver