Question 1117545
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Selling price = wholesale cost plus 10% of wholesale cost
Selling price = x + .10(x)
Selling price = 1.10(x)<br>
The selling price is $474.10, so<br>
{{{1.10x = 474.10}}}
{{{x = 474.10/1.10 = 431}}}<br>
The wholesale cost was $431.