The original price of a bicycle was $375. Now it is on sale for $295. What percentage of the original price was the markdown?

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zackbailey7740 zackbailey7740

07-11-2018
Mathematics

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The original price of a bicycle was $375. Now it is on sale for $295. What percentage of the original price was the markdown?

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iiMGii iiMGii · Answer 1 · 2018-11-11T04:27:22+01:00

iiMGii iiMGii

11-11-2018

STEP-BY-STEP SOLUTION:

= [ Difference In Price / Original Price ] × 100%
= [ ( 375 - 295 ) / 375 ] × 100%
= [ 80 / 375 ] × 100%
= ( 64 / 3 )%
= 21.3 reciprocal %

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