SOLUTION: Andrea purchased a picture frame for $14.56. This price was a 30% markup from the wholesale cost. What was the wholesale cost?

SOLUTION: Andrea purchased a picture frame for $14.56. This price was a 30% markup from the wholesale cost. What was the wholesale cost?

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Question 338422: Andrea purchased a picture frame for $14.56. This price was a 30% markup from the wholesale cost. What was the wholesale cost?
Answer by rfer(16322) (Show Source): You can put this solution on YOUR website!
14.56/1.30=$11.20
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