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10 May, 13:19

The retail cost of a tv is 45% more than its wholesale cost. Therefore the the retail cost is how many times the wholesale cost

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  1. 10 May, 13:34
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    Let the retail cost be x and the wholesale cost be y. From the first statement, we can formulate the equation written below:

    x = y + 0.45y

    x = 1.45y

    Therefore, the retail cost is 1.45 times greater than the wholesale cost.
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