Question

The retail cost of a tv is 45% more than its wholesale cost. Therefore the the retail cost is how many times the wholesale cost

Answer 1

Answer: The retails cost is 1.45 times that of wholesale cost.

Step-by-step explanation:  Given that the retail cost of a tv is 45% more than its wholesale cost.

We are to find the retail cost cost is how many times the wholesale cost.

Let x and y represents the retail cost and the wholesale cost of the tv.

Then, according to the given information, we have

$x=y+45\%\times y\\\\\\\Rightarrow x=y+\dfrac{45}{100}y\\\\\\\Rightarrow x=y+0.45y\\\\\Rightarrow x=1.45y.$

Thus, the retails cost is 1.45 times that of wholesale cost.

Answer 2

Let the retail cost be x and the wholesale cost be y. From the first statement, we can formulate the equation written below:

x = y + 0.45y
x = 1.45y
Therefore, the retail cost is 1.45 times greater than the wholesale cost.