The markdown percentage of an item with an original retail of $50 and the new retail of $12.50 is:
A)25%
B)40%
C)60%
D)75%

Name: The markdown percentage of an item with an original retail of $50 and the new retail of $12.50 is: A)25% B)40% C)60% D)75%
Brand: Quizplus
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Question

Quizplus · Accepted Answer

The markdown percentage is calculated by subtracting the new retail price from the original retail price, dividing by the original retail price, and then multiplying by 100. So, $\frac{50 - 12.50}{50} \times 100 = 75\%$.

The Markdown Percentage of an Item with an Original Retail