the selling price for a refrigerator is 584 if the mark up is 25% of the dealers cost, what is the dealers cost of the refrigera tor?
2 answers:
25% of 584 is 146. If you meant to say "25% off of the dealer's cost", the answer would be $438, since you're finding what 25% of the original price is (146) and subtracting it from the original price. The equation would be 584 - 146 = 438. I hope this helped <3
Answer:
$438
Step-by-step explanation:
The selling price for a refrigerator = $584
The mark up is 25% of the dealers cost.
Dealer's price for a refrigerator = 584 - (25% of 584)
584 - (
584 - (0.25 × 584)
= 584 - 146
= $438
The dealers cost would be $438.
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