At an appliance store the price is of refrigerator is marked up 25% to $406.25. what was the price before the mark up
The answer is $325 before the markup.
325*.25=81.25
81.25+325=406.25
To find percent remember to just move up the value for the decimal Example:
35%= .35
Hope this helped!
The price of the refrigerator before mark-up is; $325
Let the original price of.the refrigerator be x.
From the problem statement, it follows that 125% of the refrigerator's original price is; $406.25.
It then follows mathematically that;
Divide both sides by 1.25;;
x = $325
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