Question

A manufacturer gives a retailer a discount of 40% on the list price. What is the list price of an item for which the retailer pays $72?​

Answer 1

$120

Explanation:

Let C represent the list price. We have the equation

40% = 0.4

C - 0.4c = 72

0.6c = 72

c = $120

So, the list price of the item is $120