If the wholesale price of a sweater is $35 and the retail price is 10% more, what is the retail price?

Study for the Arithmetic Accuplacer Test. Prepare with flashcards and multiple choice questions, each with hints and explanations. Master essential arithmetic skills!

To determine the retail price of the sweater, you first need to calculate what 10% more than the wholesale price is. The wholesale price is $35.

Calculating 10% of the wholesale price involves multiplying $35 by 0.10.

[

0.10 \times 35 = 3.50

]

Now, to find the retail price, you add that 10% increase to the wholesale price:

[

35 + 3.50 = 38.50

]

Thus, the retail price of the sweater is $38.50. This amount accurately represents the increase from the original wholesale price, reflecting the additional cost that the retailer adds to cover expenses and profit.

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