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The selling price of a​ refrigerator, is ​$632.50. If the markup is 25% of the​ dealer's cost, what is the​ dealer's cost of the​ refrigerator?

The selling price of a​ refrigerator, is ​$632.50. If the markup is 25% of the​ dealer's cost, what is the​ dealer's cost of the​ refrigerator?
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1 vote
The selling price of a​ refrigerator, is ​$632.50. If the markup is 25% of the​ dealer's cost, what is the​ dealer's cost of the​ refrigerator?

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User TinkerTank
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7.8k points

1 Answer

4 votes
If you mark 632.50 up 25% your revenue will be 790.63 but your profit will be 158.13
answered
User Sirish V
by
9.0k points
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