The wholesale cost of the bike is 95.
Wholesale price is the price charged for a product as sold in bulk to large trade or distributor groups as opposed to what is charged to consumers.
The selling price is how much a buyer pays for a product or service.
The profit formula is used to calculate the amount of gain that has been made in a transaction
Profit = Selling Price (S.P.) - Cost Price (C.P.)(here it is the wholesale price)
Given =
- Selling Price = 123.50
- Wholesale price = ?
- Profit = 30% of wholesale price
Substituting it in the profit formula we get
0.3 x wholesale price = 123.50 + wholesale price
1.3 x wholesale price = 123.50
Wholesale price =
= 95
Thus the wholesale cost of the bike is 95.
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Step-by-step explanation:
8 goes in the place of thousands
5 goes in the place of hundred thousands
And 1 goes in the place of ten thousands
2/4-6 ÷ 1/3 + 2
|
v
2/4 - 2 + 2
|
v
2/4 -0
=2/4 -> 1/2
you get it by using PEMDAS
864=800+60+4 800 in the hundreds place 60 in the tens place and 4 in the ones place