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4 A store owner buys jeans at a wholesale price, marks up the price by 34%, and sells the jeans for $56.95. What is the wholesale price of the jeans? O A. $19.36 OB. $22.95 OC. $37.59 OD. $42.50
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42 votes
42 votes
4

A store owner buys jeans at a wholesale
price, marks up the price by 34%, and
sells the jeans for $56.95. What is the
wholesale price of the jeans?
O A. $19.36
OB. $22.95
OC. $37.59
OD. $42.50

User OLP
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1 Answer

20 votes
20 votes
134% of the wholesale price = $56.95
1% = $56.95 divided by 134 = $0.425
100% = $0.425 x 100 = $42.50

Therefore, the wholesale price was $42.50, or answer D.
User Yuvi
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