Answer:
The wholesale price of TV is 0.35 times the retail price of this TV
x = 0.35y
Step-by-step explanation:
Let say x = wholesale price of a TV
Let say y = retail price price of a TV
We can write an equation that represents what is mention in the question
Equation
x = y - 65%y
x = y - 65/100y
x = y - 0.65y
x = 0.35y
Hence, the wholesale price is 0.35 times the retail price
