Answered

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A store gives customers a markup of 13%. If the store sells a belt for $25, what was the wholesale price paid for the belt by the store?

Sagot :

mathstudent55

Answer:

$22.12

Step-by-step explanation:

Let x be the wholesale price (the price before adding the markup).

The markup is 13%, so 13% of x is added to x.

x + 13%x = $25

x + 0.13x = 25

1.13x = 25

x = 25/1.13

x = 22.12

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