A TV is marked down from $300 to $200.
Determine from the wording of the problem, which value is v1 and which is v2. Compute percent change, rounding decimal answers to two places. Express your result in a sentence stating how much the second value is less or greater than the first value. For example: "This year's sales are 50 percent less than last year's sales."

The $200 price represents a 33.33% mark down of the $300 price.
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