mathcadette
New member
- Joined
- Aug 11, 2009
- Messages
- 4
I know this problem should be easy to understand, but can you explain why the answer is A? Why do you need to divide 50.75 by 1.4 to get the 36.25? I don't see where the 1.4 comes from...
Thanks for your time.
A bookstore's markup for textbooks is 40%. What is the wholesale price for a textbook that sells for $50.75?
a) $36.25
b) $71.05
c) $30.45
d) $8.67
e) $20.30
Thanks for your time.
A bookstore's markup for textbooks is 40%. What is the wholesale price for a textbook that sells for $50.75?
a) $36.25
b) $71.05
c) $30.45
d) $8.67
e) $20.30