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