Final answer:
The first step in finding the percent markdown is to calculate the markdown amount by subtracting the sale price from the original price. Next, you divide this amount by the original price and multiply by 100. The percent markdown on the DVD player is 14.34%.
Step-by-step explanation:
To find the percent markdown of a DVD player, the first step is to calculate the difference between the original selling price and the sale price. You can calculate the markdown amount by subtracting the sale price from the original price. Next, you find the markdown percentage by dividing the markdown amount by the original price and then multiplying by 100 to convert it to a percentage.
The original price is $154.30 and the sale price is $132.17. The calculation for the markdown amount would be:
Markdown amount = Original price - Sale price
= $154.30 - $132.17
= $22.13
Now, to find the percent markdown:
Percent markdown = (Markdown amount ÷ Original price) × 100
= ($22.13 ÷ $154.30) × 100
= (0.14342) × 100
= 14.34%
Therefore, the percent markdown on the DVD player is 14.34%.