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irina1246 [14]
2 years ago
10

A DVD player that was originally priced at $399.95 and cost $215 is ultimately sold for $349.95. What were the reduction percent

age and the maintained markup percentage on this DVD player?
Business
1 answer:
miskamm [114]2 years ago
6 0

Answer:

Reduction percentage is 62.8%

Maintained markup percentage is 86%

Explanation:

Reduction percentage = (sales price - cost price)/cost price × 100 = (349.95 - 215)/215 × 100 = 0.628 × 100 = 62.8%

Maintained markup price = (marked price - cost price)/cost price × 100 = (399.95 - 215)/215 × 100 = 0.86 × 100 = 86%

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