Marvin Gate bought some fencing from a wholesaler for $6,000. The wholesaler offered a trade discount of 35%. What was the original price? (Round to the nearest cent.)

Name: Marvin Gate bought some fencing from a wholesaler for $6,000. The wholesaler offered a trade discount of 35%. What was the original price? (Round to the nearest cent.)
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Question

Quizplus · Accepted Answer

Divide the wholesale price of $6,000 by the complement of the discount rate to get the original price [$6,000 divided by .65 = $9,230.77].

Marvin Gate Bought Some Fencing from a Wholesaler for $6,000