A coat at a store is originally priced at 54.99.The store marks the price down to 32.99.To the nearest percent ,what is the percent markdown of the coat ?
For this case what we can do is the following rule of three: 54.99 ------> 100% 32.99 ------> x We clear the value of x = (32.99 / 54.99) * (100) x = 59.99272595 Therefore, the discount percentage is: 100-59.99272595 = 40.00727405% To the nearest percent; 40% Answer: The percent markdown of the coat is: 40%