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.
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OpenStudy (anonymous):
So what do you know about percentages?
OpenStudy (anonymous):
from 20 decreased to 15
OpenStudy (anonymous):
No, percentages in general. Percentages are the number given over 100. So 20% = 20/100
OpenStudy (juana02):
old prices add $124 by 20%=
OpenStudy (juana02):
new price $124 +15%=?
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OpenStudy (anonymous):
right i understand so.. here are my answer choices
a- old price 170.00 new price 148.
b- old 142.60 new 148.80
c- old 148.80 new 142.60
OpenStudy (anonymous):
So do the calculations... \[(124*20/100)+124= price old\]
OpenStudy (anonymous):
i got 124.15 but not sure if thats right @juana02
OpenStudy (anonymous):
thats wrong
OpenStudy (anonymous):
so 148.80 old and (124*15/100)+124= 142.60 :) hmmm looks good right?
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OpenStudy (anonymous):
yup great
OpenStudy (anonymous):
thanks both of u i wish i was able to give medal to more than one person but uhh wtev..thank anyway