A DVD player that was originally priced at 399.95 and cost 215 is ultimately sold for 349.95 . What were the reduction percentage and the maintained markup percentage on this DVD player?
a. 14.3 percent; 38.6 percent
b. 12.5 percent; 38.6 percent
c. 38.6 percent; 12.5 percent
d. 15.1 percent; 38.6 percent
e. 46.2 percent; 12.5 percent
Question 2
When determining space allocation for a new store, a retailer should consider industry standards, the retailer's previous experience with similar formats, and the space required to carry the number of items specified by the retailer's buyers.
Indicate whether the statement is true or false
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