MicroAge sells cellphones at a selling price to include a 65% markup on cost. The cellphones cost MicroAge $290. The selling price is:

Name: MicroAge sells cellphones at a selling price to include a 65% markup on cost. The cellphones cost MicroAge $290. The selling price is:
Brand: Quizplus
Rating: 4.8 (40 reviews)

Question

Quizplus · Accepted Answer

The selling price is calculated by adding a 65% markup to the cost. The cost is $290, so the markup is 0.65 * $290 = $188.50. Therefore, the selling price is $290 + $188.50 = $478.50.

MicroAge Sells Cellphones at a Selling Price to Include a 65