A store pays $140 for a cell phone. The store sells the cell phone for $315. Your classmate says that the markup is 125% because $175$140=1.25. Is your classmate correct? (brainliest for correct answer)

Respuesta :

The store bought the phone for $140 and sells the cell phone for $315 at a markup of 125%.

What is an equation?

An equation is an expression that shows the relationship between two or more variables and numbers.

Let x represent the markup, since the store sells the cell phone for $315, hence:

(315 - 140)/140 * 100% = x

x = 125%

The store bought the phone for $140 and sells the cell phone for $315 at a markup of 125%.

Find out more on equation at: https://brainly.com/question/2972832

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