An electronics store purchases

Mathematics

1 answer:

Mnenie [13.5K]2 years ago

4 0

Answer:

255.00

Step-by-step explanation:

425.00 x .60 = 255

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Andre wants to buy a bike that has a price tag of $125. What was the wholesale cost of this bike?

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The bike store marks up the wholesale cost of all of the bikes they sell by 30%. Andre wants to buy a bike that has a price tag of $125. What was the wholesale cost of this bike?

Answer:

$96.15

Step-by-step explanation:

Let x be the wholesale cost of the bike.

Given:

Price tag of a bike = $125.

The bike store marks up the wholesale cost of all of the bikes they sell by 30%.

So we can find the wholesale cost of the bike by the following way.

$\frac{100+30}{100}\times x = 125$