Answer:
a. [tex]\$[/tex]15
b. 14[tex]\%[/tex]
Step-by-step explanation:
Given: Buying price of two ticket = [tex]\$[/tex]90
Face value of each ticket = [tex]\$[/tex]52.5
∴ Face value of two ticket is [tex]52.5\times 2[/tex]
= [tex]\$[/tex]105
Now, to find markdown:
Markdown = Face value - Buying value
∴ Markdown = [tex]105 - 90[/tex]
= [tex]\$[/tex]15 is the markdown.
b. To find the percent markdown:
[tex]\frac{15}{105} \times 100[/tex]
= 14.28 %
∴ Markdown percent is rounded to nearest whole number 14%
