A wholesaler buys jewelry directly from jewelers. He wants to sell a charm bracelet to retailers for $45 and earn a markup of 18%. What is the most the wholesaler can pay the jeweler for the bracelet and still get his desired markup?

🎲 Try a Random Question  |  Total Questions in Quiz: 388  |  🧠 Study this quiz with Flashcards
This question is part of a full practice quiz:
Business Math Test — practice the complete quiz, review flashcards, or try a random question.


1. A wholesaler buys jewelry directly from jewelers. He wants to sell a charm bracelet to retailers for $45 and earn a markup of 18%. What is the most the wholesaler can pay the jeweler for the bracelet and still get his desired markup?