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Answer:
58% due to dividing 300 by 100 then getting that answer (3) then divide 175 by 3 which equals one percent and you get 58.333 so round that to the nearest whole and you get 58%
The percent markdown to the nearest whole percent is 58%.
Given that,
A $300 bike is marked down to $175.
We have to determine,
The percent markdown to the nearest whole percent.
According to the question,
To find the difference to find what the markdown value is
Original price or sale price = $300
Marked down price = $175
Therefore,
$300 original price sale price is equal to 1 percent,
$175 marked down price is equal to x percent.
Then,
Marked down percentage is equal to ,
[tex]x = \dfrac{175}{300}\times 100\\\\x = \dfrac{175}{3}\\\\x = 58.33 \\\\x = 58 percent \ ( approx)[/tex]
Hence, The percent markdown to the nearest whole percent is 58%.
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