The bike store marks up the wholesale cost of all of the bikes they sell by 30%. Andre wants to buy a bike that has a price tag of $125. What was the wholesale cost of this bike?
+14913 The bike store marks up the wholesale cost of all of the bikes they sell by 30%. Andre wants to buy a bike that has a price tag of $125. What was the wholesale cost of this bike?
Hello Guest!
\(x\cdot 130\%=$\ 125\\ x=\frac{$\ 125}{1.3}\)
\(x=$\ 96.15\)
The wholesale cost of this bike was $ 96.15.
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