You can buy a mountain bike on sale for only $562.97. What is the percent markdown if the original price was $659.50? (Round to the nearest whole percent.) O 14% O 15% O 17%

Microeconomic Theory
12th Edition
ISBN:9781337517942
Author:NICHOLSON
Publisher:NICHOLSON
Chapter17: Capital And Time
Section: Chapter Questions
Problem 17.7P
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You can buy a mountain bike on sale for only $562.97. What is the percent markdown if the original price was $659.50? (Round to the nearest whole percent.)
O 14%
O 15%
O 17%
Transcribed Image Text:You can buy a mountain bike on sale for only $562.97. What is the percent markdown if the original price was $659.50? (Round to the nearest whole percent.) O 14% O 15% O 17%
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