Math Problem Statement
Question content area top Part 1 Julia purchased a sweatshirt that was reduced from $3838 to sell for $2727. What was the markdown and the rate of markdown?
Solution
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Math Problem Analysis
Mathematical Concepts
Basic Arithmetic
Percentage Calculation
Formulas
Markdown = Original Price - Reduced Price
Rate of Markdown = (Markdown / Original Price) * 100
Theorems
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Suitable Grade Level
Grades 5-7
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