2 years ago

If the markup is 30% on a cell phone that has a selling price of $520, what is the initial cost?

Mathematics

1 answer:

Olegator [25]2 years ago

7 0

Answer:

The initial cost of the cell phone was $364

Step-by-step explanation:

Since there was a 30% markup, 70% of the new cost is the initial cost. Multiply 520 by 0.7 on a calculator and you get 364

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