Mathematics, 07.02.2022 04:40 angvtl02
The manager of a home store is buying lawn chairs to sell at his store. Each pack of chairs contains 10 chairs. The manager will sell each chair at a markup of 20% of the wholesale cost, plus a $2.50 stocking fee.
a. Write an equation that represents the retail price of a chair, r, in terms of the wholesale price, w.
b. Use your equation to calculate the retail price of the chair if the wholesale price is $8.40.
c. Use your equation to calculate the wholesale price if the retail price is $13.30.
Answers: 2
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The manager of a home store is buying lawn chairs to sell at his store. Each pack of chairs contains...
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