Question

A bike store marks up the wholesale cost of all bikes they sell by 30%. Calvin wants to buy a bike that has a price tag of 123.50. What was the wholesale cost of this bike?

Answer 1

Answer:
$37.50

Explanation of answer:

You divide 30 by 100 and you will get 0.3 then you times 123.50 by 0.3 and you will get the answer