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At an appliance store, the price of a refrigerator is marked up 25% to $406.25.

What was the price of the refrigerator before the markup?
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At an appliance store, the price of a refrigerator is marked up 25% to $406.25. What-example-1

2 Answers

3 votes
304.688. Take 25% of 406.25, which is 101.562 and then subtract it from 406.25.
User ThisIsMyName
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8.1k points
3 votes
We need 25% of the original price before it can be added. The equation for this would be
X + .25X = 406.25
The x stands for the 100% and the .25x stands for the markup of the original.
1.25x = 406.25
X= $325.00
User Enno Shioji
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7.6k points