Question 143168
If I read the question right. Then your work should look like this. <br>{{{14.56/n=130/100}}}<br> 14.56 = the markup. <br> n = the original price, and because this is a markup, n = 100%. <br> Since 14.56 markup, it's the original price (100%) + the markup percentage (30%) which equals 130%, so that means 14.56 is 130% of the original price. <br> Now we cross multiply to find N <br>(and since you're not supposed to multiply n in this type of equation, you multiply the 2 numbers that are diagonal to each other...in other words, you do this.) <br> {{{14.56*100=1456}}} <br> and you divide it by the remaining number. (which happens to be 130)<br>  {{{1456/130=11.20}}} Therefore, the Wholesale price was $11.20. <br> (I hope that wasn't too confusing. Hope it helped!) <br> (Note: in this type of equation, you will always have 100 on the bottom right. For example, if you were finding something that had a markdown, it would be <br> {{{n/original price=percentage decreased/100}}} Say, something that cost $10 was on sale, and you bought it at 1/2 price. That would be <br> {{{n/10=50/100}}}<br> then you would multiply 10 by 50 ({{{10*50=500}}}) then you would divide by 100. ({{{500/100=5}}}) and then $5 would be your answer)