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21 January, 17:10

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

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  1. 21 January, 18:17
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    A) dollar markdown = price reduction = $74 - $48 = $26

    b) percent markdown = (initial - final) / initial * 100% = 26/74 * 100% = 35.1%
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