SOLUTION: Oceanside Discounters marked down a $107 portable CD player to $85. What is the dollar markdown? what is the mark down %?

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Question 346193: Oceanside Discounters marked down a $107 portable CD player to $85.
What is the dollar markdown?
what is the mark down %?
Answer by nyc_function(2741) About Me  (Show Source):
You can put this solution on YOUR website!
a. dollars markdown: 107-85=22


b. percent markdown: Percent = 22/107 = 0.21 =21%