The Solution to Question 2:
Given that Alex bought:
old phone price = $125
new phone price = $200
We asked to find the percent increase in the prices of the phones.
To calculate the required percent increase, we shall use the formula below:
![\text{ percent Increase =}\frac{\text{ change in price}}{\text{old phone price}}*100](https://img.qammunity.org/2023/formulas/mathematics/college/om3lv8wn2cebekblokfaolb1e5lnbd04g7.png)
![\begin{gathered} \text{ percent increase = }(200-125)/(125)*100 \\ \\ =(75)/(125)*100=60\text{\%} \end{gathered}](https://img.qammunity.org/2023/formulas/mathematics/college/xism1mp8rczy1cwy8yk9lcwt4jnh1zzml0.png)
Therefore, the correct answer is 60%