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A store marks up a picture frame 70% from its wholesale price. In a clearance sale, the price is discounted by 30%. The sale price is $34.51. What was the wholesale price of the picture frame?

Question

A store marks up a picture frame 70% from its wholesale price. In a clearance sale, the price is discounted by 30%. The sale price is $34.51. What was the wholesale price of the picture frame?

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Step 1

Given, a store marks up a picture frame 70% from its wholesale price. In a clearance sale, the price is discounted by 30%. The sale price is $34.51.

 

Step 2

Let $x be the wholesale price of the picture frame.

Step 3

Therefore,

&nb...

170
-xxx
100
70
= 34.51
100
1.19x 34.51
x 29
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170 -xxx 100 70 = 34.51 100 1.19x 34.51 x 29

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Tagged in

Math

Algebra

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