Exercises 39-40 involve markup, the amount added to the dealer's cost of an item to arrive at the selling price of that item. 39. The selling price of a refrigerator is $584. If the markup is 25% of the dealer's cost, what is the dealer's cost of the refrigerator? 40. The selling price of a scientific calculator is $15. If the markup is 25% of the dealer's cost, what is the dealer's cost of the calculator?

Holt Mcdougal Larson Pre-algebra: Student Edition 2012
1st Edition
ISBN:9780547587776
Author:HOLT MCDOUGAL
Publisher:HOLT MCDOUGAL
Chapter5: Rational Numbers And Equations
Section: Chapter Questions
Problem 3PSP
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Exercises 39-40 involve markup, the amount added to the dealer's
cost of an item to arrive at the selling price of that item.
39. The selling price of a refrigerator is $584. If the markup
is 25% of the dealer's cost, what is the dealer's cost of the
refrigerator?
40. The selling price of a scientific calculator is $15. If the
markup is 25% of the dealer's cost, what is the dealer's cost
of the calculator?
Transcribed Image Text:Exercises 39-40 involve markup, the amount added to the dealer's cost of an item to arrive at the selling price of that item. 39. The selling price of a refrigerator is $584. If the markup is 25% of the dealer's cost, what is the dealer's cost of the refrigerator? 40. The selling price of a scientific calculator is $15. If the markup is 25% of the dealer's cost, what is the dealer's cost of the calculator?
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