A TV is marked down from $300 to $200.
What will be an ideal response?
The change is from $300 to $200, so: v1 = 300 and v2 = 200 f=v2/vi c = (fâ 1) *100
f= 200 / 300 = 0.6667
c = (0.6667 1) * 100 c = â 33.33% (decrease)
The $200 price represents a 33.33% mark down of the $300 price.
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