from the sale of sleeping bags , a retailer made a gross profit of 16 % of the wholesale cost . if each sleeping bag was sold for $ 28 , what was the wholesale cost per bag ?
"cost price * 1.16 = selling price - - > cost price * 1.16 = $ 28 - - > cost price = $ 24.13 . answer : c ."
divide(multiply(28, const_100), add(const_100, 16))