A television set that previously sold for has been reduced to . What is
the markdown percent? (Round to the nearest whole percent)
Select one:
a.
b.
c.
d.

Ask by Brewer Ortiz. in the United States

Jan 24,2025

Question

A television set that previously sold for has been reduced to . What is
the markdown percent? (Round to the nearest whole percent)
Select one:
a.
b.
c.
d.

Ask by Brewer Ortiz. in the United States

Jan 24,2025

UpStudy AI · Accepted Answer

To determine the markdown percentage, you can use the following formula:

$$
\text{Markdown Percent} = \left( \frac{\text{Original Price} - \text{New Price}}{\text{Original Price}} \right) \times 100\%
$$

Plugging in the values:

$$
\text{Markdown Percent} = \left( \frac{431.99 - 360.00}{431.99} \right) \times 100\% = \left( \frac{71.99}{431.99} \right) \times 100\%
$$

$$
\text{Markdown Percent} \approx 0.1666 \times 100\% = 16.66\%
$$

Rounded to the nearest whole percent, the markdown is **17%**.

**Answer:**  
**b. $$ \mathbf{17 \%} $$**
The markdown percent is 17%.