Question

HELP!!!The selling price of a refrigerator is $643.20. If the markup is 20% of the dealer's cost, what is the cost of the refrigerator?

Answer 1

multiply 643.50 by 20% what do you get but that is not the answer there is one more step

Answer 2

I got 128.7. What do I do next?

Answer 3

subtract that from the price of the refrigerator

Answer 4

I got 514.5

Answer 5

right the is the cost of the refrigerator before mark up

Answer 6

Thank you very much!

Answer 7

so that is the answer

Answer 8

welcome and usually I hate word problems