SOLUTION: The mark up on the whole sale price of a certain product is a percentage numerically equal to that price if the product retails for 1000, what is the whole sale price of the produc
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Question 352115: The mark up on the whole sale price of a certain product is a percentage numerically equal to that price if the product retails for 1000, what is the whole sale price of the product?
Please help me solve this equation Answer by stanbon(75887) (Show Source):
You can put this solution on YOUR website! The mark up on the whole sale price of a certain product is a percentage numerically equal to that price if the product retails for 1000, what is the whole sale price of the product?
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1000% = 1000/100 = 10
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Equation:
(wholesale price)(1000%) = retail price
w(10) = 1000
wholesale price = 100
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Cheers,
Stan H.