SOLUTION: Macy’s was selling Calvin Klein jean shirts that were originally priced at $58.00 for $8.70. (a) What was the amount of the markdown? (b) Based on the selling price, what is the p

Algebra ->  Customizable Word Problem Solvers  -> Finance -> SOLUTION: Macy’s was selling Calvin Klein jean shirts that were originally priced at $58.00 for $8.70. (a) What was the amount of the markdown? (b) Based on the selling price, what is the p      Log On

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Question 1115988: Macy’s was selling Calvin Klein jean shirts that were originally priced at $58.00 for $8.70. (a) What was the amount of
the markdown? (b) Based on the selling price, what is the percent markdown?

Answer by Boreal(15235) About Me  (Show Source):
You can put this solution on YOUR website!
The amount of the markdown is 58-8.70 or $49.30 ANSWER
The percent markdown is markdown/original price=49.3/58=0.85 or 85% ANSWER