Question

Volt Electronics sells a Y-Box game console for $207. The store markup on thr Y-Box is 38%. What was the wholesale price that the store paid for it?​

Answer 1

The wholesale price that the store paid for the Y-Box game is $150.

What is the wholesale price?

When the price of an item is marked up, it means that the price of the item was increased by a certain percentage. The good then becomes more expensive.

Wholesale price = selling price / ( 1 + percentage mark up)

$207 / (1+ 38)

$207 / (1.38) = $150

To learn more about profit, please check: https://brainly.com/question/26181966