Retail prices in a department store are obtained by marking up the wholesale price by 40%. That
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Retail prices in a department store are obtained by marking up the wholesale price by 40%. That is, the retail price is obtained by adding 40% of the wholesale price to the wholesale price.
(A) What is the retail price of a suit if the wholesale price is $300?
(B) What is the wholesale price of a pair of jeans if the retail price is $77?
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Related Book For
Finite Mathematics For Business Economics Life Sciences And Social Sciences
ISBN: 9780134862620
14th Edition
Authors: Raymond Barnett, Michael Ziegler, Karl Byleen, Christopher Stocker
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