asked 95.2k views
2 votes
Dollar markdowns represent price increases to the original selling price.​

1 Answer

2 votes

Answer:

false

Explanation:

The statement being made is false. Dollar markdowns actually represent the difference in price that exists between the original price of the product and the current price that the item is selling for. This is what happens when a store places a discount on an item or places a sale on it. Dollar Markdown is the actual difference in dollar/currency value while Markdown percentage is the difference in percentage with regards to the original price.

answered
User GeorgDangl
by
8.1k points
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