Use an equation to solve the problem. A sport jacket that sells for $180 has a markup of $105. Find the wholesale price.
A) $95
B) $70
C) $60
D) $75
E) $65

Name: Use an equation to solve the problem. A sport jacket that sells for $180 has a markup of $105. Find the wholesale price. A) $95 B) $70 C) $60 D) $75 E) $65
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Let x be the wholesale price.

Markup = Selling Price - Wholesale Price

105 = 180 - x

105 + x = 180

x = 75

Therefore, the wholesale price is $75. Choice D is the correct answer.

Use an Equation to Solve the Problem