Original price $1489.00; markdown $163.79. Find the reduced price and the rate of the markdown.

A)Reduced (new) price = $163.79
Rate of markdown = 89%

B)Reduced (new) price = $1652.79
Rate of markdown = 11%

C)Reduced (new) price = $1325.21
Rate of markdown = 89%

D)Reduced (new) price = $1325.21
Rate of markdown = 11%

Question

Original price $1489.00; markdown $163.79. Find the reduced price and the rate of the markdown.

A)Reduced (new) price = $163.79
Rate of markdown = 89%

B)Reduced (new) price = $1652.79
Rate of markdown = 11%

C)Reduced (new) price = $1325.21
Rate of markdown = 89%

D)Reduced (new) price = $1325.21
Rate of markdown = 11%

Quizplus · Accepted Answer

The reduced price is found by subtracting the markdown from the original price: $1489.00 - $163.79 = $1325.21. The rate of the markdown is calculated by dividing the markdown by the original price and then multiplying by 100 to get a percentage: ($163.79 / $1489.00) * 100 = 11%.

Original Price $1489