SOLUTION: What is the wholesale price of a CD player if the percent increase is 75% and the amount of increase is $30?

Question 29417: What is the wholesale price of a CD player if the percent increase is 75% and the amount of increase is $30?
Answer by ikdeep(226) (Show Source): You can put this solution on YOUR website!
% Increase in price = 75%
Amount increase in price = $30
Let the total amount after increase in pirce = $x
SO we get the equation as ....
75% of x = $ 30
75 /100 * x = 30
0.75 * x = 30

x = 30 / 0.75

x = $40
Therfore total amount after increase in pirce = $40
Now to calculate original or wholesale price .....
Total amount after increase in price = original price + increase in price

$40 = oirginal price + $30
40 - 30 = original price
or original or whole price = $10

Please feel free to revert back for any further queries.

RELATED QUESTIONS
The manager of an electronics store is thinking about raising the price of a CD player.... (answered by jorel1380)

Find the markup on a CD player whose wholesale cost $219 and whose retail price is $395. (answered by unlockmath)

If the cost is $58.00 and the selling price is $63.00, then what is the percent of... (answered by rfer)

A CD player is on sale for $270. What was the original price of the CD player if the... (answered by rfer,mananth)

The FAA now figures the average checked bag to weigh 15 pounds. This is up from a... (answered by rfer)

A store reduces the price of a CD player by 20% and then reduces that price by 15%.If the (answered by josgarithmetic,ikleyn)

If 40 is increased to 41.2, the increase is what percent of the original number? (This is (answered by ikleyn)

The wholesale price of a laptop is 50% less than the retail price. If the retail price is (answered by jim_thompson5910)

Last year, the price of a computer monitor was $300.What is the percent increase in... (answered by marolstr)