SOLUTION: Luigi's Restaurant offered a "buy one get one half off" sale for the midweek period. The "one half off" referred to the lesser-priced dinner. A consumer ordered a steak dinner, wit
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Question 991781: Luigi's Restaurant offered a "buy one get one half off" sale for the midweek period. The "one half off" referred to the lesser-priced dinner. A consumer ordered a steak dinner, with a regular price of $19, and a chicken dinner, with a regular price of $14.
a) What was the overall markdown at which the dinners were sold?
b) What was the overall rate of markdown at which the dinners were sold?
Answers:
a) $7.00
b) 21.21% Answer by Theo(13342) (Show Source):
You can put this solution on YOUR website! the regular dinner would total 19 + 14 = 33
the half off dinner would total 19 + 7 = 26
the markdown was 33 - 26 = 7.
the percent markdown was 7/33 * 100 = 21.21%.
you are correct.
