Question

A cell phone that cost 57800 was sold at a loss of 121/2% . What was the selling price?

Answer 1

$22,831

Explanation:

Multiplier = 100% - loss

= 100% - 121/2%

= 100% - 60.5%

= 39.5%

= 0.395

Selling price = price × multiplier

= $57,800 × 0.395

= $22,831