selling price of computer is $75 less than 2 times wholesale price. selling price of a tv is $550, what equation is used to find wholesale price of tv
depends. Is the same formula used for tv's and computers?
If so,
retail = 2*wholesale-75
wholesale = (retail+75)/2
so, plug in a retail price of $550
To find the wholesale price of the TV, we can set up an equation based on the given information.
Let's assume the wholesale price of the TV is represented by "x."
According to the information provided, the selling price of the TV is $550, which is equal to 2 times the wholesale price minus $75. We can express this as the equation:
2x - $75 = $550
To find the value of "x," we can solve this equation for "x" by isolating it on one side:
2x = $550 + $75
2x = $625
Dividing both sides of the equation by 2, we can find the value of "x":
x = $625 / 2
x = $312.50
Therefore, the wholesale price of the TV is $312.50.