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Popular Word Problems >

The retail price of an office chair is 270. The chair was marked up 125%. What was the wholesale cost of the chair?

Solution

T h e re t ai l p r i ce o f an o ff i ce c hai r i s 270. T h e c hai r w a s ma r k e d u p 125%. Wha t w a s t h e w h o l es a l e cos t o f t h e c hai r ?

Solution

Amount before addition : 120

Solution steps

Translate the problem into an equation:

270 = x + 1.25 x

270 = x + 1.25 x : x = 120

Amount before addition : 120

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