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3 September, 23:28

What is the percent of change in the cost of a DVD set that originally sold for $49.99 and is now on sale for $24.99? Is this a percent of markdown or markup?

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Answers (2)
  1. 3 September, 23:36
    0
    I believe this is a Mark down because 49.99 (starting price) >24.99 (ending price)
  2. 3 September, 23:50
    0
    50.0%

    Step-by-step explanation:

    % change in cost of the dvd will be the difference between the two costs divided by the initial or original cost and the result multiplied by 100%

    That's

    $49.99 - $24.99 = $25

    % change =

    $25/$49.99 x 100%

    0.500 x 100%

    50.0%

    The percent is markdown because the original cost of the dvd was reduced by 50%
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