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A watch that originally cost $110 has been marked down to $88. What was the percent of the markdown ?

12%

10%

25%

20%

Respuesta :

coolstick

Answer:

20%

Step-by-step explanation:

When calculating percents, it is important to divide by the initial value, not the end value. The formula for calculating percents is

[tex]\frac{finalvalue - inititalvalue}{initialvalue} * 100[/tex]

Plugging our values into this formula, we get

[tex]\frac{88-110}{110} * 100 = 20[/tex] as our answer.

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