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Part 1
During a sale, a dress is marked down from a selling price of $80 to a sale price of $68. What is the percent markdown?
To find the percent markdown, you can use the following formula:
Percent markdown = (Original price - Sale price) / Original price * 100%
In this case, the original price is $80 and the sale price is $68.
Percent markdown = (80 - 68) / 80 * 100%
Percent markdown = 12 / 80 * 100%
Percent markdown = 0.15 * 100%
Percent markdown = 15%
Therefore, the percent markdown is 15%.