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Today, 20:22

After purchasing a cell phone online, Mary attempts to sell the phone for $325. If this was a markup of 24%, how much did Mary originally buy the phone for?

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Answers (2)
  1. Today, 20:25
    0
    Mary bought the phone for 1350

    Step-by-step explanation:

    The price mary bought the phone shall 100%

    $325 is 24% of the price which she bought it.

    So if $325 is equal to 24%, what shall 100 percent represent?

    In order to find the answer to this, we cross multiply as follows;

    24% = $325

    100% = ?

    cross multiply the above to get,

    (325 * 100) / 24

    The abouve gives us the answer 1350

    So 1350 is the original buying price of the phone.
  2. Today, 20:40
    0
    Mary originally bought the phone at $247

    Step-by-step explanation:

    Basically Mary had bought the phone 24% lesser than $325,

    So to reduce 325$ by 24% we should do 100% - 24% = 76%,

    So the answer is 76/100 * 325 So we should do 76/100 then multiply it by 325,

    So,

    76/100 = 0.76

    Multiply it,

    0.76 * 325 = 247
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