Answer :

dedcdc

Answer:$37.50

Step-by-step explanation:

1.Given:

Retail Price = $60

Markup Percentage = 60%
2. Substitute the values into the formula:
Calculate the markup percentage in decimal form:

Markup precentage= 60/100=0.60
4. Calculate the wholesale price:
Wholesale price= 60/1+0.60
Wholesale price=60/1.60
Wholesale price=$37.50