Larissa bought summer dresses for her boutique at a cost of $80 each. The dresses were marked up by 50% of the selling price. At the end of August, three of the dresses were unsold, and Larissa reduced the price to $90 each. What was the rate of markdown for the remaining dresses?

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The Answer of Larissa bought summer dresses for her boutique at a cost of $80 each. The dresses were marked up by 50% of the selling price. At the end of August, three of the dresses were unsold, and Larissa reduced the price to $90 each. What was the rate of markdown for the remaining dresses?

Larissa Bought Summer Dresses for Her Boutique at a Cost