Hi Ethan Mark down does indeed mean the amount by which an original selling price is reduced

I was always confused with discounts in China. I think there an 80% discount means you pay 80% of the full price. In England an 80% discount means 80% off or an 80% markdown, so you pay 20% of the full price.

The markdown would be the reduced part of the initial price yes.

Hello! Markdown would mean it's at a discounted price.

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