SOLUTION: Price = ( actual cost) + ( 25 percent of actual cost) If the actual cost of a refrigerator is $800,what price will the store set for the refrigerator?

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Question 1017872: Price = ( actual cost) + ( 25 percent of actual cost)
If the actual cost of a refrigerator is $800,what price will the store set for the refrigerator?
Answer by addingup(3677) About Me  (Show Source):
You can put this solution on YOUR website!
Read the problem:
- What is the actual cost?
- How much is 25% of the actual cost? (actual_cost*0.25 = 25% of actual cost)
- How much is the actual cost plus 25%?
Do the math on your calculator and you've got your answer.
Short cut: If you want to add a percentage to a number, add the percentage to 1 and multiply times the number: 1+0.25= 1.25; 800*1.25 = your answer