You cannot. There is insufficient information.
From the problem statement, the sale price equals the wholesale price multiplied by (1 + 40 %) = 1.40. Therefore, call the unknown wholesale price w, and w(1.40) = 50.75, or w = 50.75/1.4 = 36.25.
It is the wholesale price plus a share of the overheads.
308.57Another answer:If the item was a 70% reduction then you paid only 30% of its original price.To find the original price divide 216 by 30 and then multiply by 100(216/30)*100 = 720The original price was 720
You check the price tag for the words original price.
Discount = Original Price minus Sale price.
The price a dealer pays for a car is the wholesale price. This information can be found through websites such as Why Pay Sticker? (http://www.whypaysticker.com) or Wholesale Car Prices (http://www.wholesalecarprices.net/).
If you have only the sale price you cannot find the original price. You need to know the discount rate.
original price-sale price. Then original sale price/the answer to the previous.
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Discount = Original Price - Discounted Price Percentage Discount = 100* Discount / Original Price
To find the discount rate, subtract the sales price from the original price to determine the discount amount. Then, divide the discount amount by the original price. Finally, multiply the result by 100 to convert it into a percentage. The formula can be summarized as: Discount Rate (%) = [(Original Price - Sales Price) / Original Price] × 100.
One use for a fraction is working out how much money something costs. If something is half price, you find out how much a half of the original value is.