The selling price of a refrigerator is $584. If the

Nefissi8u

Nefissi8u

Answered question

2021-11-26

The selling price of a refrigerator is $584. If the markup is 25% of the dealers

Answer & Explanation

Unpled

Unpled

Beginner2021-11-27Added 23 answers

Step 1
Lets
Roger Noah

Roger Noah

Beginner2021-11-28Added 17 answers

Step 1
Selling price of the refrigerator =$584
Percentage of markup of the dealers cost =35%
Let us assume the dealers cost of the refrigerator =x
Then
125x100=584
125x=58400
x=467.20
From the above deduction, it can be concluded that the dealers cost of the refrigerator was $467.20. I hope that the procedure is clear enough for you to understand.

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