Question

shirt is original $29 dollars but on sale for $20.30 WHAT IS THE MARKDOWN

Answer 1

First you would find the difference:

29-20.30 = 8.7

Markdown Formula: difference/current selling price * 100

Difference = 8.7
Current selling price = 20.30

Markdown = difference/current selling price * 100
Markdown = 8.7/20.30*100
Markdown = ____

Answer 2

@kristie

www.futurelearn.com/info/courses/online-business-success-pricing/0/steps/23641

^Copy-paste that link into your search bar and you should be able to learn how to find your answer.

Good luck!

Answer 3

Link, do not leave links. This leaves the chance that someone else can leave links that cause problems. Thank you.

Answer 4

[AI-generated answer — Explain Bot]

To calculate the markdown percentage, you need to find the difference between the original price and the sale price, and then divide that difference by the original price.

Original price: $29
Sale price: $20.30

Step 1: Find the difference between the original price and the sale price:
$29 - $20.30 = $8.70

Step 2: Divide the difference by the original price:
$8.70 / $29 = 0.3

Step 3: Convert the decimal to a percentage by multiplying by 100:
0.3 * 100 = 30%

Therefore, the markdown on the shirt is 30%.