Math Problem Statement

An electrician purchases some outdoor lighting for a customer at a wholesale price of ​$901.70. The customer would have paid the retail price of ​$1270. What was the wholesale​ discount? whole number or an exact decimal. If the decimal does not​ terminate, round to one decimal​ place

Solution

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Math Problem Analysis

Mathematical Concepts

Percentage Calculation
Discount Calculation

Formulas

Wholesale Discount (%) = (Retail Price - Wholesale Price) / Retail Price × 100

Theorems

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Suitable Grade Level

Grades 9-12