A ___________ is a consumer problem, need, or desire that a business could provide a solution for. A. Change or trend B. Company
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The price of the refrigerator before markup will be $325. This can be calculated by reversing the markup in the price of the refrigerator.
<h3>What is Markup?</h3>Markup basically refers to the difference between the selling price of a good and its cost. The markup is generally expressed as a percentage and is added to the cost of the good to ensure cost cover and earn profit.
For the given question, the before markup price can be calculated as:
Given:
Makeup is the addition to the original price of a good. The after markup price can be taken as 100% + 25% = 125% of original price.
Then original price can be calculated as:
Therefore the before markup price is $325.
Learn more about markup here: