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At an appliance store the price is of refrigerator is marked up 25% to $406.25. what was the price before the mark up

Respuesta :

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

Percentages and Price

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;

  • (125/100) × x = $406.25

  • 1.25x = $406.25

Divide both sides by 1.25;;

  • x = $406.25/1.25

x = $325

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