Solve the problem. Round to the nearest cent or tenth of a percent.Original price $1286.00; markdown $411.52. Find the reduced price and the rate of the markdown.
A. Reduced (new) price = $1697.52
Rate of markdown = 32%
B. Reduced (new) price = $874.48
Rate of markdown = 68%
C. Reduced (new) price = $874.48
Rate of markdown = 32%
D. Reduced (new) price = $411.52
Rate of markdown = 68%
Answer: C
Mathematics
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