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April 9th, 2013, 09:49 PM   #1
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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)
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April 10th, 2013, 12:47 AM   #2
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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.
Hoempa is offline  
April 12th, 2013, 03:08 PM   #3
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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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