homeworkhelper23 homeworkhelper23
  • 24-02-2015
  • Mathematics
contestada

a lounge is sold making a 15% profit on the cost price. If the lounge was sold for $1495 , what is the wholesale price?

Respuesta :

makimilosh makimilosh
  • 24-02-2015
$1495 ÷ 1.15  (that's 115%) 
= $1300

there's your wholesale price. 

we can check it to make sure it's correct: 
$1300 × 1.15 = $1495
Answer Link
nstokes780278 nstokes780278
  • 24-02-2015
Take the sale price and divide by 115 as that's the percentage of the sale price including the 15%
$1495/115=$13
then times that by 100 to find just the wholesale price without the added profit
$13*100=$1300
That will be the price without the profit
Answer Link

Otras preguntas

Help me pls! Anyone?
Find the value of x. X = [?]° 68.5° Х 49.5°
An LPN makes $30,000 per year. The benefits cost for this position is 30% per employee. It takes 2 months for an LPN to become fully productive. This facility h
please help :d in on a time limit before it becomes late!! The water level in the beaker was 10 mL before the small toy was placed into it. After the toy was su
Find the number by which 4732 should be divided to get perfect square.
Please help me out!!!!
Question 2 (1 point) According to Hooke's Law, the force needed to stretch a spring varies directly to the amount the spring is stretched 150 pounds of force st
Plzzzzzz helpppppppppp
I need help with this question thx​
When doing your research on a topic, including research on a work of literature, you can cite from and include in your Works Cited which among the following: A)