Use an Equation to Solve the Problem

question 30

Multiple Choice

Use an equation to solve the problem.
A sport jacket that sells for $180 has a markup of $90. Find the wholesale price.

• A) $70
• B) $85
• C) $105
• D) $90
• E) $100

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Definitions:

Total Miles Driven

The cumulative distance that a vehicle has traveled, often used for business accounting or to monitor vehicle performance and maintenance needs.

Gasoline Costs

The expense incurred from purchasing gasoline, often considered a significant variable cost for companies dependent on transportation.

Truck Drivers

Individuals who operate trucks to transport goods and materials from one location to another.

Straight-Line Depreciation

A method of calculating the depreciation of an asset, where the asset's cost is evenly spread over its useful life.