Calculate the markdown percent.
Round to the nearest tenth and do not enter the percent symbol in your answer.
%
b. If the offer was changed to "Buy 3, Get 2 Free," what would be the new markdown percent?
Round to the nearest tenth and do not enter the percent symbol in your answer.
To calculate the markdown percent, we need to know the original price and the sale price or the discount amount.
a. Let's say the original price is $100 and the sale price is $80. We can find the discount amount by subtracting the sale price from the original price: $100 - $80 = $20.
To find the markdown percent, we divide the discount amount by the original price and multiply by 100: $20 / $100 * 100 = 20%.
b. In the new offer, "Buy 3, Get 2 Free," we need to consider the number of items purchased and the price they would normally be sold at.
Let's assume the price per item is $10. With the new offer, you would buy 3 items and get 2 for free. So, you would pay for only 3 items.
The total price for 3 items would be $30. To find the discount amount, we subtract the total price from the original price of 5 items: $50 - $30 = $20.
To find the new markdown percent, we divide the discount amount by the original price and multiply by 100: $20 / $50 * 100 = 40%.
Therefore, the new markdown percent would be 40%.
To calculate the markdown percent, we need to compare the original price of an item with the sale price after the discount has been applied.
For the first scenario, let's assume the original price of the item is $x and the sale price after discount is $y. The markdown percent can be calculated using the formula:
Markdown Percent = [(x - y) / x] * 100
Now, let's calculate the markdown percent for the given scenario. Unfortunately, the original price or sale price is not provided, so we cannot calculate the exact markdown percent. Without specific values, we cannot proceed with the calculation.
Moving on to the second scenario, where the offer is "Buy 3, Get 2 Free." In this case, we can assume that the original price of 3 items is $x and the sale price for 5 items is $y.
To calculate the new markdown percent, we can use the same formula as before:
Markdown Percent = [(x - y) / x] * 100
However, since we have no specific values, we cannot calculate the new markdown percent accurately. We require the original price and sale price to calculate the markdown percent.