A bookshelf with an original price of $78.75 is on sale for $49.61. What is the markdown rate?
A) 33%
B) 35%
C) 37%
D) 42%

Name: A bookshelf with an original price of $78.75 is on sale for $49.61. What is the markdown rate? A) 33% B) 35% C) 37% D) 42%
Brand: Quizplus
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Question

Quizplus · Accepted Answer

The markdown rate is calculated as (Original Price - Sale Price) / Original Price * 100. So, (78.75 - 49.61) / 78.75 * 100 = 37%.

A Bookshelf with an Original Price of $78