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?

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,

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