The total markdown for the sell was 30%.
Markdown is given by:
Markdown = (Selling price - Sale price) / selling price
Given the markdown is 30%. For a selling price of $79.99:
0.3 = (x - 79.99)/x
x = 114.27
Also:
0.3 = (x - 19.98)/x
x = 28.54
114.27 + 28.54 = 145.81, 79.99 + 19.98 = 99.97
Total markdown = (145.81 - 99.97)/145.81 = 30%
The total markdown for the sell was 30%.
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