A Retailer of Children's Clothing Had Net Sales of $72,000

Multiple Choice

A retailer of children's clothing had net sales of $72,000. But to get those sales, she had to reduce her prices by $2,000. Calculate her markdown.

A) 0.35 percent
B) 2.78 percent
C) 3.50 percent
D) 3.70 percent
E) 26.7 percent