Question

The wholesale price of a TV is 65% less than the retail price therefore the wholesale price is ? times the retail price

Answer 1

The wholesale price of TV is 0.35 times the retail price of this TV

x = 0.35y

Explanation:

Let say x = wholesale price of a TV

Let say y = retail price price of a TV

We can write an equation that represents what is mention in the question

Equation

x = y - 65%y

x = y - 65/100y

x = y - 0.65y

x = 0.35y

Hence, the wholesale price is 0.35 times the retail price