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?

Luz Stokes

Luz Stokes

Answered question

2022-07-28

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?

Answer & Explanation

Osvaldo Crosby

Osvaldo Crosby

Beginner2022-07-29Added 12 answers

Step 1
Seuing price = $ 15
of markup is 254
them cost of calculator
= 15 + 15 x × 25 100 = 15 + 15 4 = 75 4 = $ 18.75

Do you have a similar question?

Recalculate according to your conditions!

Ask your question.
Get an expert answer.

Let our experts help you. Answer in as fast as 15 minutes.

Didn't find what you were looking for?