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The Winner’s Store marked down a $74 DVD player to $48. Calculate the following (Show all work to get full credit. Round your answer to the nearest hundredth percent if needed): a) Dollar markdown b) Markdown
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The Winner’s Store marked down a $74 DVD player to $48. Calculate the following (Show all work to get full credit. Round your answer to the nearest hundredth percent if needed): a) Dollar markdown b) Markdown percent

User Boocko
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a) dollar markdown = price reduction = $74 - $48 = $26

b) percent markdown = (initial - final) / initial × 100% = 26/74 × 100% = 35.1%
User JamesQMurphy
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