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GED Math · Question of the Day

GED Math Question of the Day

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Friday, August 7, 2026

A store marks up all items by 40% above wholesale cost. During a sale, the store offers a 25% discount off the marked price. If a customer pays $84 for an item during the sale, what was the wholesale cost of the item?

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Question of the Day

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A store marks up all items by 40% above wholesale cost. During a sale, the store offers a 25% discount off the marked price. If a customer pays $84 for an item during the sale, what was the wholesale cost of the item?

  1. $70.00
  2. $80.00 (correct answer)
  3. $96.60
  4. $112.00

Explanation: Let the wholesale cost be xx. After a 40% markup, the marked price is 1.40x1.40x. After a 25% discount, the sale price is 0.75×1.40x=1.05x=840.75 \times 1.40x = 1.05x = 84. Solving: x=841.05=80x = \frac{84}{1.05} = 80. Choice A assumes the $84 is after only the discount. Choice C incorrectly adds the percentages (40% - 25% = 15%). Choice D assumes the $84 is the wholesale cost before any markup.