Luz Stokes

2022-07-28

The selling price of a scientific calculator is \$15. If the markup is 25% of the dealer;s cost, what is the dealer's cost of the calculator?

Osvaldo Crosby

Expert

Step 1
Seuing price $=15$
of markup is 254
them cost of calculator
$=15+15x×\frac{25}{100}\phantom{\rule{0ex}{0ex}}=15+\frac{15}{4}=\frac{75}{4}\phantom{\rule{0ex}{0ex}}=\mathrm{}18.75$

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