3
Select the correct answer.
markup = original cost × percentage markup
selling p...
Mathematics, 20.05.2021 17:40 Kana81
3
Select the correct answer.
markup = original cost × 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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