SOLUTION: The markup on a used car was at least 35% of its current wholesale price. If the car was sold for $4300, what was the maximum wholesale price?
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Question 399027: The markup on a used car was at least 35% of its current wholesale price. If the car was sold for $4300, what was the maximum wholesale price? Answer by ak21(6) (Show Source):
You can put this solution on YOUR website! Basically:
Turn 35% into decimal, then the used price/0.35
=4300/0.35=12 285.71
Therefore the wholesale price was originally $12 285.71
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