Question

calculate the markdown rate.
flip phone
regular price $90
sale price $51
markdown rate = ?%
round to the nearest percent.

Explanation:

Step1: Find the markdown amount

The markdown amount is the regular price minus the sale price. So we calculate $90 - 51$.
$90 - 51 = 39$

Step2: Calculate the markdown rate

The markdown rate is the markdown amount divided by the regular price, then multiplied by 100 to get a percentage. The formula is $\text{Markdown Rate} = \frac{\text{Markdown Amount}}{\text{Regular Price}} \times 100$. Substituting the values, we have $\frac{39}{90} \times 100$.
$\frac{39}{90} \times 100 \approx 43.33\ldots$

Step3: Round to the nearest percent

Rounding $43.33\ldots$ to the nearest percent gives 43.

Answer:

43