Answer:
The percentage markdown is 5%.
[tex]5\text{\%}[/tex]Explanation:
We want to find the percentage markdown in price.
Given;
[tex]\begin{gathered} \text{Cost price = \$15.00} \\ \text{Selling price = \$14.25} \end{gathered}[/tex]The percent change is;
[tex]\begin{gathered} \text{ \%P =}\frac{\text{ Cost price - selling price}}{\text{ cost price}}\times100\text{\%} \\ \text{ \%P=}\frac{15.00-14.25}{15.00}\times100\text{\%} \\ \text{\%P=}\frac{0.75}{15.00}\times100\text{\%} \\ \text{\%P=0.05}\times100\text{\%} \\ \text{ \%P= 5\%} \end{gathered}[/tex]Therefore, the percentage markdown is 5%.
[tex]5\text{\%}[/tex]