Raymond B. answered • 09/10/22
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Math, microeconomics or criminal justice
C = 705.6/1.05 = $672
Titus S.
asked • 09/10/22Calculating the original price using percentage
The selling price of a refrigerator is $705.60. If the markup is 5% of the dealer's cost, what is the dealer's cost of the refrigerator?
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Richard C. answered • 09/10/22
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Confidence- building Algebra1 tutor with 18 years experience
705.60 = (1+ .05)x
705.6/1.05 = x
672 = x
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