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15 April, 13:04

The selling price of a refrigerator, is 459.90 if the markup is 5% of the dealers cost, what is the dealers cost of the refrigerator

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  1. 15 April, 16:32
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    Answer: $438.00

    Step-by-step explanation:

    1 x + 5% of x = $459.90

    1 x + 0.05 (x) = 459.9

    [ (1.00) (x) + (0.05) (x) ] = 459.9

    (1.05) x = 459.9

    [ 1.05 / 1.05 (x) ] = 459.9 / 1.05

    [ 1.05 / 1.05 ] = 1 x 1 x = [ 459.9 / 1.05 ]

    x = 438.00
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