An item originally priced at $50.00 is reduced to $29.95.The off-retail markdown percentage is approximately ________.
A) 20 percent
B) 40 percent
C) 60 percent
D) 66 percent

Name: An item originally priced at $50.00 is reduced to $29.95.The off-retail markdown percentage is approximately ________. A) 20 percent B) 40 percent C) 60 percent D) 66 percent
Brand: Quizplus
Rating: 4.8 (41 reviews)

Question

Quizplus · Accepted Answer

The markdown is $50.00 - $29.95 = $20.05. The percentage markdown is ($20.05 / $50.00) * 100% ≈ 40%.

An Item Originally Priced at $50