A pizza restaurant sells containers of juice that it marks up 75 percent above its wholesale cost. If the restaurant marks up each container by $0.90, how much does the restaurant pay for each container of juice wholesale?

A 75% markup means the $0.90 markup is 75% of the wholesale cost. Let the wholesale cost be x: 0.75x = $0.90. Dividing by 0.75 gives x = $1.20, so the wholesale cost is choice C, $1.20.

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