Answer:
$324.35
Explanation:
Given a $249.50 cell phone with a 30% markup, to determine the selling price of the cell phone we need to first calculate 30% of $249.50 as seen below;
[tex]\frac{30}{100}\times249.5=0.3\times249.5=74.85[/tex]We'll now add $74.85 to $249.50 to finally get the selling price of the cell phone;
[tex]74.85+249.5=324.35[/tex]Therefore, the selling price of the cell phone is $324.35.
