The manufacturing cost of a cell phone was $136. Sellers first marked up the cost by 25 percent. Sales were poor, so sellers dec

Question

4 years ago

11

reased the markup to 17 percent. Calculate the old and new selling prices.
selling price = original cost + markup value

2 answers:

lilavasa [31] · Answer 1 · 2021-12-15T15:18:23+03:00

8 0

136×25%=136×25/100= 3 400/100=34
so the markeup value is
136+34= 170
170×17%=170×17/100=2 890/100=28.9
170-28.9=141.1
Selling price=136+170=306

Semenov [28] · Answer 2 · 2021-12-15T17:30:26+03:00

6 0

136x.25= $34 136+34 = $170 170x.17=28.9 $170-28.9=141.1 there fore old is $170, and new is $141.10