Asked by Beauty
The markup on a used car was at least 21% of its current wholesale price. If the car was sold for $4500, what was the maximum wholesale price? (Give your answer correct to the nearest dollar.)
Answers
Answered by
Steve
the maximum wholesale price w is attained with the minimum markup, or 21%
1.21w = 4500
w = 3719
1.21w = 4500
w = 3719
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