# 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?

The hat has been marked down by 25%.
$36.00-$27.00=$9.00 The hat has been marked down by $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%.
(9/36)(100%) = 0.25(100%)=25%