9514 1404 393
Answer:
$86.21
Step-by-step explanation:
The selling price of the shoes ($125) is the sum of the wholesale price and the markup on that price:
selling price = wholesale price + 0.45 × wholesale price
125 = p + 0.45p = 1.45p
p = 125/1.45 ≈ 86.21
The wholesale price of the shoes is about $86.21.
