A good is bought wholesale for $19.00
The good is sold for $13.30
What is the markdown rate?
Calculate Markdown Amount:
Markdown Amount = Final Price - Original Price
Markdown Amount = $13.30 - $19.00
Markdown Amount = $-5.70
Calculate Markdown Rate:
Let us define our rate as (x)Markdown Amount = Original Price(x)
Divide each side by Original Price to isolate x:
| x = | Markdown Amount |
| Original Price |
Plug in our numbers and solve:
| x = | $-5.70 |
| $19.00 |
x = -0.3
Convert to Percentage:
Markdown Percentage = 100 x -0.3 = -30%
Final Answer
Markdown Percentage = 100 x -0.3 = -30%
You have 1 free calculations remaining
What is the Answer?
Markdown Percentage = 100 x -0.3 = -30%
How does the Markup Markdown Calculator work?
Free Markup Markdown Calculator - Given the 3 items of a markup word problem, cost, markup percentage, and sale price, this solves for any one of the three given two of the items. This works as a markup calculator, markdown calculator.
This calculator has 3 inputs.
What 3 formulas are used for the Markup Markdown Calculator?
Markup amount = Original Price x Markup %Markup Amount = Final Price - Original Price
Original Price = Markup Amount/(1 + Markup %)
For more math formulas, check out our Formula Dossier
What 6 concepts are covered in the Markup Markdown Calculator?
costan amount that has to be paid or spent to buy or obtain somethingmarginthe current level of an activitymarkdownhow much less a companys selling price is than the amount the item costs the company.markuphow much more a companys selling price is than the amount the item costs the company.markup markdownword problemMath problems involving a lengthy description and not just math symbolsExample calculations for the Markup Markdown Calculator
Markup Markdown Calculator Video
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