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April 9th, 2013, 09:49 PM  #1 
Newbie Joined: Apr 2013 Posts: 1 Thanks: 0  Need help with price calculation
I have a Retail Price of $165 and give a discount of 66.67% to get a Wholesale Price of $55. The question is... How do I calculate the Retail Price if I am just given the Wholesale Price of $55 and know that the Retail Price x with a discount of 66.67% = $55 (rounded up) Thanks 
April 10th, 2013, 12:47 AM  #2 
Math Team Joined: Apr 2010 Posts: 2,780 Thanks: 361  Re: Need help with price calculation
Rounded up how? Solve 55  r < x(1  66.67%) <= 55 where r is the amount of money the Wholesale Price is rounded up to.

April 12th, 2013, 03:08 PM  #3 
Global Moderator Joined: Dec 2006 Posts: 20,805 Thanks: 2150 
To get the retail price, multiply the wholesale price by 3. This assumes the discount is 66 2/3 %. Due to rounding error, the result is approximate (in general).


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