For this case what we can do is the following rule of three:
54.99 ------> 100%
32.99 ------> x
We clear the value of
x = (32.99 / 54.99) * (100)
x = 59.99272595
Therefore, the discount percentage is:
100-59.99272595 = 40.00727405%
To the nearest percent;
40%
Answer:
The percent markdown of the coat is:
40%
