# A Scrabble Game is on sale for $8.50. If the regular price is $10.00, how do you find the Markdown percentage?

##### 1 Answer

Oct 27, 2016

#### Answer:

This price change was a 15% decrease or markdown.

#### Explanation:

The formula for determining the percentage marked up or marked down is:

Filling in the equation with the information we know gives you:

Which simplifies to:

#p = -15

So this price change was a 15% decrease or markdown.