Question

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

Answer 1

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

Answer 2

304.688. Take 25% of 406.25, which is 101.562 and then subtract it from 406.25.