Math / Numbers & Operations

QuestionCalculate the markdown rate. \begin{tabular}{|l|r|} \hline \multicolumn{2}{|c|}{ Jacket } \\ \hline Regular Price & $\$ 25$ \\ \hline Sale Price & $\$ 16$ \\ \hline \end{tabular}
Markdown Rate = $\square$ ]\%
Round to the nearest percent.

Studdy Solution

STEP 1

What is this asking? How much cheaper is the jacket on sale, compared to its original price, as a percentage? Watch out! Don't mix up the sale price with the actual discount amount!

STEP 2

1. Calculate the discount amount.
2. Calculate the markdown rate.

STEP 3

Alright, let's start by figuring out how much money we're saving!
This is the difference between the regular price and the sale price.
We take the original price, which is $\$25$ , and subtract the sale price, which is $\$16$ .

STEP 4

So, the discount amount is: $\$25 - \$16 = \$9$ Woohoo! We're saving $\$9$ !

STEP 5

Now, for the grand finale!
The markdown rate tells us what percentage of the original price the discount represents.
To find this, we divide the discount amount ( $\$9$ ) by the original price ( $\$25$ ) and then multiply by $100$ to express it as a percentage.

STEP 6

Let's do the math: $\frac{\$9}{\$25} \cdot 100$

STEP 7

This gives us: $\frac{9}{25} \cdot 100 = 0.36 \cdot 100 = 36$

STEP 8

So, the markdown rate is 36%!
That's a pretty sweet deal!

STEP 9

The markdown rate is 36%.

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QuestionCalculate the markdown rate. \begin{tabular}{|l|r|} \hline \multicolumn{2}{|c|}{ Jacket } \\ \hline Regular Price & $\$ 25$ \\ \hline Sale Price & $\$ 16$ \\ \hline \end{tabular}
Markdown Rate = $\square$ ]\%
Round to the nearest percent.

Studdy Solution

STEP 1

What is this asking? How much cheaper is the jacket on sale, compared to its original price, as a percentage? Watch out! Don't mix up the sale price with the actual discount amount!

STEP 2

1. Calculate the discount amount.
2. Calculate the markdown rate.

STEP 3

Alright, let's start by figuring out how much money we're saving!
This is the difference between the regular price and the sale price.
We take the original price, which is $\$25$ , and subtract the sale price, which is $\$16$ .

STEP 4

So, the discount amount is: $\$25 - \$16 = \$9$ Woohoo! We're saving $\$9$ !

STEP 5

Now, for the grand finale!
The markdown rate tells us what percentage of the original price the discount represents.
To find this, we divide the discount amount ( $\$9$ ) by the original price ( $\$25$ ) and then multiply by $100$ to express it as a percentage.

STEP 6

Let's do the math: $\frac{\$9}{\$25} \cdot 100$

STEP 7

This gives us: $\frac{9}{25} \cdot 100 = 0.36 \cdot 100 = 36$

STEP 8

So, the markdown rate is 36%!
That's a pretty sweet deal!

STEP 9

The markdown rate is 36%.

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QuestionCalculate the markdown rate. \begin{tabular}{|l|r|} \hline \multicolumn{2}{|c|}{ Jacket } \\ \hline Regular Price & $25\$ 25$25 \\ \hline Sale Price & $16\$ 16$16 \\ \hline \end{tabular}Markdown Rate = □\square□ ]\%Round to the nearest percent.

Studdy Solution

STEP 1

What is this asking? How much cheaper is the jacket on sale, compared to its original price, as a percentage? Watch out! Don't mix up the sale price with the actual discount amount!

STEP 2

1. Calculate the discount amount.2. Calculate the markdown rate.

STEP 3

Alright, let's **start** by figuring out how much money we're saving!This is the difference between the **regular price** and the **sale price**.We take the **original price**, which is $25\$25$25, and subtract the **sale price**, which is $16\$16$16.

STEP 4

So, the **discount amount** is: $25−$16=$9 \$25 - \$16 = \$9 $25−$16=$9 Woohoo! We're saving $9\$9$9!

STEP 5

Now, for the grand finale!The **markdown rate** tells us what percentage of the **original price** the discount represents.To find this, we divide the **discount amount** ($9\$9$9) by the **original price** ($25\$25$25) and then multiply by 100100100 to express it as a percentage.

STEP 6

Let's do the math: $9$25⋅100 \frac{\$9}{\$25} \cdot 100 $25$9​⋅100

STEP 7

This gives us: 925⋅100=0.36⋅100=36 \frac{9}{25} \cdot 100 = 0.36 \cdot 100 = 36 259​⋅100=0.36⋅100=36

STEP 8

So, the **markdown rate** is **36%**!That's a pretty sweet deal!

STEP 9

The markdown rate is 36%.

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Studdy solves anything!

Start learning now

Download Studdy AI Tutor now. Learn with ease and get all help you need to be successful at school.

QuestionCalculate the markdown rate. \begin{tabular}{|l|r|} \hline \multicolumn{2}{|c|}{ Jacket } \\ \hline Regular Price & $\$ 25$ \\ \hline Sale Price & $\$ 16$ \\ \hline \end{tabular}
Markdown Rate = $\square$ ]\%
Round to the nearest percent.

1. Calculate the discount amount.
2. Calculate the markdown rate.

Alright, let's start by figuring out how much money we're saving!
This is the difference between the regular price and the sale price.
We take the original price, which is $\$25$ , and subtract the sale price, which is $\$16$ .

So, the discount amount is: $\$25 - \$16 = \$9$ Woohoo! We're saving $\$9$ !

Now, for the grand finale!
The markdown rate tells us what percentage of the original price the discount represents.
To find this, we divide the discount amount ( $\$9$ ) by the original price ( $\$25$ ) and then multiply by $100$ to express it as a percentage.

Let's do the math: $\frac{\$9}{\$25} \cdot 100$

This gives us: $\frac{9}{25} \cdot 100 = 0.36 \cdot 100 = 36$

So, the markdown rate is 36%!
That's a pretty sweet deal!