Selling price= original cost + markup
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Mathematics, 05.04.2020 08:48 meadowsoares7
Markup= original cost x percentage markup
Selling price= original cost + markup
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 .
A. Old price $170.00; new price $148.80
B. Old price $142.60; new price $148.80
C. Old price $148.80; new price $142.60
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You know the right answer?
Markup= original cost x percentage markup
Selling price= original cost + markup
Selling price= original cost + markup
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