Final answer:
The markup on the wholesale price is calculated by subtracting the wholesale price from the retail price, resulting in a markup of $81.
Step-by-step explanation:
To find the value of the markup on the wholesale price, you need to subtract the wholesale price from the retail price. The formula is:
Markup = Retail Price - Wholesale Price
In this case, the retail price is $213 and the wholesale price is $132. So the calculation would be:
Markup = $213 - $132 = $81
Therefore, the markup on the wholesale price is $81.