SOLUTION: the retail price of a TV is 20% more than its wholesale cost. Therefore the retail cost is what times the wholesale cost.

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Question 1106638: the retail price of a TV is 20% more than its wholesale cost. Therefore the retail cost is what times the wholesale cost.
Answer by ikleyn(52884) About Me  (Show Source):
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Therefore the retail cost is 1.2 times the wholesale cost.