Math Problem Statement

Mc's Restaurant offered a "buy one get one half off" sale for midweek period. The "one half off" referred to the lesser-priced dinner. A customer ordered two steak dinners, with a regular price of 980. b. What was the overall rate of markdown at which the dinners were sold?

Solution

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Math Problem Analysis

Mathematical Concepts

Percentage Discount
Markdown Calculation
Basic Arithmetic

Formulas

Original Total Price = Price of first item + Price of second item
Discounted Price = Price of first item + (Price of second item / 2)
Rate of Markdown = (Markdown / Original Total Price) * 100

Theorems

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Suitable Grade Level

Grades 6-8