The selling price of a refrigerator, is $632.50. If the markup is 25% of the dealer's cost, what is the dealer's cost of the refrigerator?

Cglacet asked Mar 14, 2023

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Cglacet asked Mar 14, 2023

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15 votes

If you mark 632.50 up 25% your revenue will be 790.63 but your profit will be 158.13

Adam Miller answered Mar 20, 2023

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