1 answer:
Answer:
$1,562.50
Step-by-step explanation:
Markup= (selling price- cost)/cost
Let cost be represented by C
0.20 = (1875-C)/ C
0.20C = 1875 - C
0.20C+ C = 1875
1.20C=1875
Divide both sides by 1.20;
C= 1875/1.20
C= $1,562.50
The wholesale cost was $1,562.50
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4 units
Step-by-step explanation:
according to question:
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