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Anonymous Anonymous
  • 23-12-2016
  • Mathematics
Answered

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 in the box

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 in the class=

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lkolbe2424
lkolbe2424 lkolbe2424
  • 23-12-2016

304.688. Take 25% of 406.25, which is 101.562 and then subtract it from 406.25.

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bcalle
bcalle bcalle
  • 23-12-2016

We need 25% of the original price before it can be added. The equation for this would be
X + .25X = 406.25
The x stands for the 100% and the .25x stands for the markup of the original.
1.25x = 406.25
X= $325.00

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