At the lira store for girls, socks are on sale this week for $1.29 a pair. the regular selling price is $1.79 a pair. what is the markdown rate?

If you would like to know the markdown rate, you can calculate this using the following steps:

x% of $1.79 is $1.29
x% * 1.79 = 1.29
x/100 * 1.79 = 1.29 
x = 1.29 * 100 / 1.79 
x = 72.07%

100% - 72.07% = 27.93%

The final price is 27.93% decreased.

False because how does that work?