SOLUTION: the selling price of a refrigerator is $584. If the markup is 25% of the dealer's cost, what is the dealer's cost of the refrigerator?

Algebra ->  Percentage-and-ratio-word-problems -> SOLUTION: the selling price of a refrigerator is $584. If the markup is 25% of the dealer's cost, what is the dealer's cost of the refrigerator?      Log On


   

Question 502233: the selling price of a refrigerator is $584. If the markup is 25% of the dealer's cost, what is the dealer's cost of the refrigerator?
Answer by rfer(16322) About Me  (Show Source):
You can put this solution on YOUR website!
584/1.25=$467.20