What is the wholesale price of a pair of jeans

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Reference no: EM131267505

Retail and wholesale prices. Retail prices in a department store are obtained by marking up the wholesale price by 40%. That is, retail price is obtained by adding 40% of the wholesale price to the wholesale price.

(A) What is the retail price of a suit if the wholesale price is $300?

(B) What is the wholesale price of a pair of jeans if the retail price is $77?

Reference no: EM131267505

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