The usual retail price of an item is $139. The manufacturer's cost to produce the item is $42. Retailers take a 40 percent markup and wholesalers take a 10 percent markup. What is the wholesale price?
Percentage
A percentage is a number indicated as a fraction of 100. It is a dimensionless number often expressed using the symbol %.
Algebraic Expressions
In mathematics, an algebraic expression consists of constant(s), variable(s), and mathematical operators. It is made up of terms.
Numbers
Numbers are some measures used for counting. They can be compared one with another to know its position in the number line and determine which one is greater or lesser than the other.
Subtraction
Before we begin to understand the subtraction of algebraic expressions, we need to list out a few things that form the basis of algebra.
Addition
Before we begin to understand the addition of algebraic expressions, we need to list out a few things that form the basis of algebra.
The usual retail price of an item is $139. The manufacturer's cost to produce the item is $42. Retailers take a 40 percent markup and wholesalers take a 10 percent markup. What is the wholesale price?
Trending now
This is a popular solution!
Step by step
Solved in 3 steps