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
Feb 20, 2018

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

Explanation:

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

$36.00-$27.00=$9.00$36.00$27.00=$9.00

The hat has been marked down by $9$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%100%.

(9/36)(100%) = 0.25(100%)=25%(936)(100%)=0.25(100%)=25%