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A wooden duck with a regular selling price of $109.45 is marked down to $69.50. What is the percent of markdown based on the regular price? (Round to nearest tenth percent.)
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\[\frac{\%\Delta}{100} = \frac{a - b}{a}\] \(\%\Delta\) = percent change a = original amount b = discounted amount
what is the answer then?
I'll help you set it up. You can compute it on your own.
\[\frac{\%\Delta}{100} = \frac{109.45 - 69.50}{109.45}\]
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