Answer :
$1495 ÷ 1.15 (that's 115%)
= $1300
there's your wholesale price.
we can check it to make sure it's correct:
$1300 × 1.15 = $1495
= $1300
there's your wholesale price.
we can check it to make sure it's correct:
$1300 × 1.15 = $1495
Take the sale price and divide by 115 as that's the percentage of the sale price including the 15%
$1495/115=$13
then times that by 100 to find just the wholesale price without the added profit
$13*100=$1300
That will be the price without the profit
$1495/115=$13
then times that by 100 to find just the wholesale price without the added profit
$13*100=$1300
That will be the price without the profit