Please look at the photo Find the missing quantity with the information given. Round rates to the nearest whole percent and dollar amounts to the nearest cent.
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To find the % Markdown, divide the $ Markdown by the Original price
$1.30 ÷ $6.50 = 0.2
Now we have the markdown in decimal form. We now need to convert it into percentage form by multiplying the decimal by 100%.
0.2 × 100% = 20%
Therefore, the % Markdown is equal to 20%.