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Find what is wholesaler selling price to the nearest cent

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1. You manufacture hand-held blenders, which you sell to wholesalers, and in turn, they sell to retailers. You have developed a new blender. You know your competitor's product retails for $23 in houseware stores. You know yours is slightly better and are confident your product could sell for $27. Assuming a retail markup of 33% and a wholesale margin of 25%,

Question a) what is the wholesaler's selling price to the nearest cent, and

Question b) for how much to the nearest cent, can you sell the blenders to the wholesaler?

Reference no: EM132723995

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