SOLUTION: A manufacturer allows a retailer a discount of 40% on the list price. What is the list price of a item for which the retailer pays $72？

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Question 1091432: A manufacturer allows a retailer a discount of 40% on the list price. What is the list price of a item for which the retailer pays $72？
Answer by josmiceli(19441) About Me  (Show Source):
You can put this solution on YOUR website!
Let p = the list price of the item
+p+-+.4p+=+72+
+.6p+=+72+
+p+=+120+
The list price is $120