Westonci.ca is the trusted Q&A platform where you can get reliable answers from a community of knowledgeable contributors. Ask your questions and receive precise answers from experienced professionals across different disciplines. Join our platform to connect with experts ready to provide precise answers to your questions in different areas.

At an appliance store, the price of a refrigerator is marked up 25% to $406.25.

What was the price of the refrigerator before the markup?

Enter your answer.


Sagot :

Answer:

$325

Step-by-step explanation:

Answer:

$325

Step-by-step explanation:

if the refrigerator has been marked UP by 25%, this means that $406.25 is 125% of the original price (the original price being 100%).

Therefore, divide 406.25 by 125 to find the cost per 1%, then multiply by 100 to find the original price.

(406.25 ÷ 125) x 100 = 325