Question

The selling price of a refrigerator, is $583.75. If the markup is 25% of the dealer's cost, what is the dealers

cost of the refrigerator?

Answer 1

$437.81

Explanation:

$583.75 times .25 is 145.9375 so we round that up to 145.94

Then we subtract 145.94 from 583.75 which would be $437.81

583.75-437.81=145.94