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