The selling price for a refrigerator is 584 if the mark up is 25% of the dealers cost, what is the dealers cost of the refrigerator?

$438

Step-by-step explanation:

The selling price for a refrigerator = $584

The mark up is 25% of the dealers cost.

Dealer's price for a refrigerator = 584 - (25% of  584)

584 - ( × 584)

584 - (0.25 × 584)

= 584 - 146

= $438

The dealers cost would be $438.

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