If somone could please explian how i can fiqure out what the whole sale cost of something is with a 45% mark up vaule They sold the item for $94.25

Thanks any help would be great

100% = 1.00

45% = .45
100% + 45% = 1.45
1.45 * cost = sale price = 94.25
cost = 94.25/1.45
cost = $65.00

a marked price on an mp3 player is $15000.Calculate the price of the item after a 12% discount given.

Marked price on mp3 player =$15000
Discount % =12%
discount =12/100 multiply by $ 15000
$180
new price=$15000-$180 =$14820
answer:$14820

To find the wholesale cost of an item with a 45% markup value, given that it was sold for $94.25, you could follow these steps:

Step 1: Convert the markup percentage to decimal form by dividing it by 100. In this case, 45% becomes 0.45.

Step 2: Calculate the selling price without the markup by dividing the selling price by 1 plus the markup value. In this case, you would divide $94.25 by (1 + 0.45), which equals approximately $65.00. This is the original price before markup.

Step 3: Subtract the markup amount from the original price to find the wholesale cost. Multiply the original price by the markup value (0.45) to get the markup amount. In this case, the markup amount is $65.00 multiplied by 0.45, which equals $29.25. Subtracting $29.25 from $65.00 gives you the wholesale cost, which is approximately $35.75.

So, the wholesale cost of the item with a 45% markup value and sold for $94.25 is approximately $35.75.