Question

Find the selling price of a $249.50 cell phone with a 30% markup. Round to the nearest cent when necessary.$74.85$72.22$324.35$174.65

Answer 1

$324.35

Step-by-step explanation:

Given a $249.50 cell phone with a 30% markup, to determine the selling price of the cell phone we need to first calculate 30% of $249.50 as seen below;

`(30)/(100)*249.5=0.3*249.5=74.85`

We'll now add $74.85 to $249.50 to finally get the selling price of the cell phone;

`74.85+249.5=324.35`

Therefore, the selling price of the cell phone is $324.35.