The markup on electronic products in a retail store is 35%. If the store makes $227.50 profit from a sale, how?

Saraahahkohohhoja

Saraahahkohohhoja

New member
The markup on electronic products in a retail store is 35%. If the store makes $227.50 profit from a sale, how much is the wholesale price of that product?
 
This can be set up as an equation:
$227.50 = 35% x wholesale price
$227.50 / .35 = $650
The wholesale price is $650

Proof:
$650 x 35% = $227.50, the amount of the profit
 
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