Intermediate Algebra for College Students (7th Edition)

Published by Pearson
ISBN 10: 0-13417-894-7
ISBN 13: 978-0-13417-894-3

Chapter 1 - Section 1.5 - Problem Solving and Using Formulas - Exercise Set - Page 68: 39

Answer

The dealer's cost of the refrigerator is $ \$ 467.2 $.

Work Step by Step

Let $ x $ represents the dealer's cost of the refrigerator. $ 25 \% $ of the dealer's cost is $ = (0.25)x $. The selling price of a refrigerator is $ \$ 584 $ per night. In mathematical form. $ x+0.25x=584 $ $ (1+0.25)x=584 $ $ 1.25x=584 $ $ x=\frac{584}{1.25} $ $ x=467.2 $.
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