The value of retail price is, $36.
A number or ratio that can be expressed as a fraction of 100 or a relative value indicating hundredth part of any quantity is called percentage.
Given that;
Original price: $32
And, Markup: 12.5%
Now, The value of markup is,
⇒ 12.5% of $32
⇒ 12.5/100 × $32
⇒ 0.125 × $32
⇒ $4
Hence, The value of retail price = Original price + Markup price
= $32 + $4
= $36
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Answer:
12x is Quotient of 12 and x.
Step-by-step explanation:
Given : 12x
To find : what's a word phrase use in this expression .
Solution : We have given
Let the number = x .
Quotient of 12 and x.
Therefore, 12x is Quotient of 12 and x.
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