Math Problem Statement

Which expression can be used to find the retail price of an item that was bought at wholesale for $112 and sold at a 40% markup $112 - 4($112) $112 + 0.40($112) $112 - 0.40($112) $112 + 4($112)

Solution

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Math Problem Analysis

Mathematical Concepts

Percentage
Markup
Arithmetic Operations

Formulas

Markup formula: Retail Price = Wholesale Price + Markup Percentage * Wholesale Price

Theorems

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Suitable Grade Level

Grades 7-9