SOLUTION: Chin Yov, store manager for Best Buy, does not know how to price a GE freezer that cost the store $670. Chin knows his boss wants a 20% markup on cost. How much should Chin pri

Algebra ->  Percentage-and-ratio-word-problems -> SOLUTION: Chin Yov, store manager for Best Buy, does not know how to price a GE freezer that cost the store $670. Chin knows his boss wants a 20% markup on cost. How much should Chin pri      Log On


   

Question 791062: Chin Yov, store manager for Best Buy, does not know how to price a GE freezer that cost the store $670. Chin knows his boss wants a 20% markup on cost.

How much should Chin price the freezer?
Answer by Cromlix(4381) About Me  (Show Source):
You can put this solution on YOUR website!
20/100 * $670 = $134
$670 + $134 = $804.
This is what Chin should price the freezer at.
Hope this helps.
:-)