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The selling price of a refrigerator is $948.75. If the markup is 25% of the dealer's cost, what is the dealer's cost of the refrigerator?
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The selling price of a refrigerator is $948.75. If the markup is 25% of the dealer's cost, what is the dealer's cost of the refrigerator?

User Eirik
by
6.2k points

1 Answer

2 votes

Answer:

$1185.9375

Explanation:

948.75+237.1875= 1185.9375

Divide $948.75 by 4 and its 237.1875

Next add the two together and you get your answer!

Easy!

User Ousmane
by
7.8k points
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