Ask Question
27 October, 12:47

The selling price of a refrigerator, is

$820.00

If the markup is

25 %

of the dealer's cost, what is the dealer's cost of the refrigerator

+3
Answers (1)
  1. 27 October, 15:12
    0
    Selling Price = $820

    Mark up = 25% Cost Price

    Selling Price = Cost Price + 25% Cost Price.

    Let the cost price = x

    Selling Price = x + 25% of x

    820 = x + 0.25x

    820 = 1.25x

    820/1.25 = x

    656 = x

    Dealer's Cost of refrigeratior = $656
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “The selling price of a refrigerator, is $820.00 If the markup is 25 % of the dealer's cost, what is the dealer's cost of the refrigerator ...” in 📙 Mathematics if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers