A hardware store owner purchased 144 (a gross) identically priced hammers from a wholesaler. When the owner wanted to set his selling price, he checked the shop's record for the wholesale price. His accountant had written $1,#25.4# The #'s represent smudged numbers which may or may not be the same, determine the wholesale cost and the price of a single hammer. 2. Originally Posted by ksiemsen24 A hardware store owner purchased 144 (a gross) identically priced hammers from a wholesaler. When the owner wanted to set his selling price, he checked the shop's record for the wholesale price. His accountant had written$1,#25.4# The #'s represent smudged numbers which may or may not be the same, determine the wholesale cost and the price of a single hammer.
$144\times x=1,a25.4b$
$8|1,a25.4b \implies b=4$
$9|1,a25.44 \implies a=2$
Whole sale cost is $1,225.44. Price of a single hammer is$1,225.44/144=\$8.51