Question

fill in the blank.
the retail cost of a tv is 10% more than its wholesale cost. therefore, the retail cost is ____ times the wholesale cost.

the retail cost is □ times the wholesale cost. (type an integer or a decimal.)

Explanation:

Step1: Define wholesale cost

Let the wholesale cost be $W$.

Step2: Calculate 10% of wholesale cost

10% of $W$ is $0.10W$.

Step3: Find retail cost

Retail cost = Wholesale cost + 10% of wholesale cost
$R = W + 0.10W = 1.10W$

Step4: Express as multiple of $W$

$\frac{R}{W} = 1.10$

Answer:

1.10