when retail cost of the computer is 37% of the wholesale price then Retail price is 1.37times wholesale price
Retailers who acquire products in bulk are subject to wholesale pricing.
Selling products at a greater price than what it costs to produce them allows businesses to turn a profit.
Retail pricing is what merchants decide to charge customers as their ultimate selling price.
Consumers are the primary focus of retail pricing.
According to the question,
The retail cost of a computer is 37% more than its wholesale cost
Let Retail cost be "x" and wholesale cost be "y"
So , x = y + 0.37y
=> x = 1.37y
Therefore , The retail price is 1.37times the wholesale price
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