Question

The $414 price charges a store for a small refrigerator consists of the refrigerator's original cost to the store plus a profit 15% what was the refrigerator's original cost to the store?

Answer 1

$351.9

Explanation:

the question is not formatted well

A store charges $414 for a small refrigerator, the price consists of the refrigerator's original cost to the store plus a profit 15% what was the refrigerator's original cost to the store?

Step one:

given data

we are told that the price of the small refrigerator contains both the original price and 15% profit

mathematically

$414= original price + 15% profit

Step two:

let us solve for 15% of 414

=(15/100)*414

=0.15*414

=$62.1

This shows that the profit is $62.1

let the original price be x

$414= x + 62.1

solve for x

x=414-62.1

x=351.9

The refrigerator's original cost to the store $351.9