A bookstore markup for a textbook is 40 percent what is the wholesale price for a textbook that sells for50.75?

From the problem statement, the sale price equals the wholesale price multiplied by (1 + 40 %) = 1.40. Therefore, call the unknown wholesale price w, and w(1.40) = 50.75, or w = 50.75/1.4 = 36.25.