The percent markdown is 30%
Step-by-step explanation:
Given
Regular price of jeans = r = $129.99
Sale price = s = $90.99
The percent markdown can be given by the formula:
[tex]percent\ markdown = \frac{Markdown}{Regular\ price}*100[/tex]
Where markdown = Regular price - Sale price
So,
[tex]Markdown = r -s\\= 129.99 - 90.99\\=39[/tex]
Putting the values in the formula
[tex]Percent\ Markdown = \frac{39}{129.99} * 100\\=0.300 * 100\\=30\%[/tex]
Hence,
The percent markdown is 30%
Keywords: Percentage, markdown
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