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.

selling price = original cost + markup value

Question

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.

selling price = original cost + markup value

anonymous · Answer

first multiply 136 times .25 to get 25% of 136= 170 Then 136 times .17 = 23.12+136, 159.12