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OpenStudy (anonymous):
The manufacturing cost of a cell phone was $136. Sellers first marked up the cost by 25 percent. Sales were poor, so sellers decreased the markup to 17 percent. Calculate the old and new selling prices.
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OpenStudy (anonymous):
Mark up: $136 * 1.25 = $170 Mark down: $ 170 * .83 = $ 141.1
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