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21 May, 19:59

At the Lira Store for Girls, socks are on sale this week for $1.29 a pair. The regular selling price is $1.79 a pair. What is the markdown rate?

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  1. 21 May, 21:09
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    If you would like to know the markdown rate, you can calculate this using the following steps:

    x% of $1.79 is $1.29

    x% * 1.79 = 1.29

    x/100 * 1.79 = 1.29

    x = 1.29 * 100 / 1.79

    x = 72.07%

    100% - 72.07% = 27.93%

    The final price is 27.93% decreased.
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