hard · GMAT Quant

A manufacturing firm increases the wholesale cost of a widget by 40 percent to

Determine the retail price. During a clearance sale, the retail price is reduced by 25 percent. If the widget sells for $126 during the sale, what was the original wholesale cost?

  1. $120
  2. $105
  3. $126
  4. $110
  5. $140

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