Builder's Warehouse has a clearance on overstocked merchandise. A picnic table that usually sells for $167 and is on sale for $149. What is the markdown?

1 Answer
Nov 17, 2016

Answer:

The markdown for the picnic table is #10.78%#.

Explanation:

The reduction in price (#x#) of the picnic table is:

#x=167-149#

#x=18#

The percentage markdown (#y#) from the original price is:

#167xxy/100=18#

Multiply both sides by #100/167#.

#y=18xx100/167#

#y=1800/167#

#y=10.78#