The selling price of a scientific calculator is $15. If the markup is 25% of...

Luz Stokes

Luz Stokes

Answered

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?

Answer & Explanation

Osvaldo Crosby

Osvaldo Crosby

Expert

2022-07-29Added 12 answers

Step 1
Seuing price = $ 15
of markup is 254
them cost of calculator
= 15 + 15 x × 25 100 = 15 + 15 4 = 75 4 = $ 18.75

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