Lisa finds a hat that is already marked down. The price tag shows that the original price was $36.00. the marked- down price is $27.00. What percent has the hat been marked down?

1 Answer
VNVDVI · Stefan V.
Feb 20, 2018

The hat has been marked down by #25%#.

Explanation:

Let's first find the difference between our original price and our down price:

#$36.00-$27.00=$9.00#

The hat has been marked down by #$9#. Now, we're essentially trying to find out what percentage of our original price this markdown is. This means dividing our markdown by our original price and multiplying by #100%#.

#(9/36)(100%) = 0.25(100%)=25%#

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