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A refrigerator costs $1200 wholesale. If the mark-up on the refrigerator is 20%, what is the new price?
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1 vote
A refrigerator costs $1200 wholesale. If the mark-up on the refrigerator is 20%, what is the new price?

User Aymericbeaumet
by
8.5k points

1 Answer

4 votes

Answer:

The answer is $960


20% of $1200 is $240

So $1200 - $240 = $960

User Andrea Diaz
by
8.1k points
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