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:

Mathematical Techniques

Refer to the quantitative methods and models used to solve problems and make decisions in fields such as operations research, finance, engineering, and economics.

Hawthorne Studies

A series of experiments conducted in the 1920s and 1930s that highlighted the impact of work conditions, social factors, and employee attitudes on productivity.

Social Factors

Aspects of society and culture that influence individuals' behaviors, actions, and preferences.

Productivity Increase

A rise in the output of goods or services relative to the input of resources such as time or labor.