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Math - Markdown Percent

by Bethany
(USA)











































Office Market is having a sale on printer paper.

If you buy 2 reams for $8.99 each, you will get a third ream free.

Calculate the markdown percent

Comments for Math - Markdown Percent

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Aug 25, 2013
percent markdown
by: Staff


Answer

Part I

Regular Cost for a ream of printer paper: $8.99


Regular Cost for three reams of printer paper

RC = 3 reams * $8.99 per ream

RC = $26.97


Cost of three reams of printer paper without discount




Markdown Cost for three reams of printer paper

MC = $8.99 * 2

MC = $17.98


Cost of three reams of printer paper with discount





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Aug 25, 2013
percent markdown
by: Staff

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Part II


Markdown %

M% = [(26.97 - 17.98) / 26.97] * 100

M% = [(26.97 - 17.98) / 26.97] * 100

M% = 33 ⅓ %


Calculate Percent Markdown - three reams of printer paper with discount




The final answer

Markdown = 33 ⅓ %


Percent Markdown - three reams of printer paper with discount - final answer







Thanks for writing.

Staff
www.solving-math-problems.com



Oct 18, 2020
Markdown% NEW
by: Anonymous

The solution shows that Markdown% is same as Discount % then what is difference between the two terms. I think markdown % is calculated on the discounted price whereas discount% is calculated on the original selling price.

Oct 18, 2020
Markdown% NEW
by: Anonymous

The solution shows that Markdown% is same as Discount % then what is difference between the two terms. I think markdown % is calculated on the discounted price whereas discount% is calculated on the original selling price.

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