Question

9. A cell phone can be purchased from the manufacturer for $160. The online retailer has a

standard markup of 30%, and the store has a standard markup of 40%.
(a)What is the price of the cell phone when purchased online?
(b)What is the price of the cell phone when purchased at the store?
(c) Which is the better deal?

Answer 1

(A) $208 (B) 224 (C) the online one. it cost less

Explanation:

(A) find 30% of $160 and add it to 160. put that answer in dollars.

(B) find 40% of $160 and add it to 160. put that answer in dollars.

(C) it is the one that costs less

Answer 2

Answer Below

30% of 160 is 48 dollars. Meaning you would take the 48 from 160. Leaving 112.So the 30% mark up would mean you would pay $112.Saving $48.

Take the 160 dollar,and have the 40% to work with. Taking this would be $64. So 160-64 is $96. They will spend $96 on the phone in-store

Purchase online- $112

Purchase in-store-$96

The better deal is in-store