Question

A store owner buys clothes at wholesale and adds 80% to the wholesale price to set the retail price. The retail price of a pair of pants is $36.00. What is the wholesale price?

Answer 1

In 1999 the circulation of a local newspaper was 24,600. In 2000 its circulation was 25,830. What percent increase is this?

Answer 2

1.80x = 36.00
so find x.

actual increase: 25830-24600 = 1230
1230/24600 = 0.05 = 5%