document.write( "Question 1115982: Wholesale Distributors sells to its contractors with a 42% markup on cost. If the selling price for cabinets is $9,182, what is the cost to contractors based on cost? (Round your answer to the nearest cent.) \n" ); document.write( "
Algebra.Com's Answer #733206 by JulietG(1812)![]() ![]() You can put this solution on YOUR website! Here's one way to figure this out: \n" ); document.write( "$9,182 (retail price) = 142% of what wholesale price? \n" ); document.write( "9182 = 1.42x \n" ); document.write( "Divide each side by 1.42 \n" ); document.write( "6466.197183 = x \n" ); document.write( "Rounded = $6466.20 \n" ); document.write( ". \n" ); document.write( "Let's check our work. \n" ); document.write( "If Wholesale Distributors sells cabinets to its contractors for $6466.20 and the contractors mark them up by 42%, the retail cost is 6466.20*1.42 = 9182.004 \n" ); document.write( "Success! \n" ); document.write( ". \n" ); document.write( "By the way, if my contractor was marking up by that margin, I'd find a new contractor!\r \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " |