Question

A furniture shop sells sofas for $680 . if the shop wanted to offer the lower price of $540 ,what rate of markdown would it have to offer ?

Answer 1

Answer:

down in rate = 680-540 = 140

% change = 140*100/680 = 20.58%

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Answer 2

The rate of markdown is 25.93% that it would offer.

Step-by-step explanation:

Since we have given that

Selling price of sofas = $ 680

Lower price of sofas = $540

So, the rate of markdown would be

$\dfrac{680-540}{540}\times 100\\\\=\dfrac{140}{540}\times 100\\\\=25.93\%$

Hence, the rate of markdown is 25.93% that it would offer.

# learn more:

To clear the old stock, a furniture shop reduced the price of a dinning table from 22,500 to 19,125. what was the rate of discount offered?​

https://brainly.in/question/12992590