Question

The selling price of a refrigerator is $948.75. If the markup is 25% of the dealer's cost, what is the dealer's cost of the refrigerator?

Answer 1

Answer:

$1185.9375

Step-by-step explanation:

948.75+237.1875= 1185.9375

Divide $948.75 by 4 and its 237.1875

Next add the two together and you get your answer!

Easy!