SOLUTION: 1)The retail price of a television set is $840. If this is 140% of the wholesale price, find the wholesale price? 2)A man buys a dogen cameras for $1800. He sells them at a profit

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Question 964260: 1)The retail price of a television set is $840. If this is 140% of the wholesale price, find the wholesale price?
2)A man buys a dogen cameras for $1800. He sells them at a profit of $36 each. Find his percentage?
Answer by macston(5194) About Me  (Show Source):
You can put this solution on YOUR website!
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1) $840/1.40=$600
ANSWER: The wholesale price is $600.
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2) ($36/$1800)(100%)=2%
ANSWER: He had a 2% profit.