Ask Question
8 August, 01:19

The manufacturing cost of a cell phone was $124. Sellers first marked up the cost by 20 percent. Sales were poor, so sellers decreased the markup to 15 percent. Calculate the old and new selling prices.

+5
Answers (1)
  1. 8 August, 02:13
    0
    If the phone costs $ 124, and first was marked up by 20 % it means that it was for sale for

    124 + (124*20) 100=124+24.80 = $148.80

    if the seller decreased the mark up to 15% then the phone costs now

    124 + (124*15) / 100=124+18.60 = $ 142.60
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “The manufacturing cost of a cell phone was $124. Sellers first marked up the cost by 20 percent. Sales were poor, so sellers decreased the ...” in 📙 Mathematics if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers