The selling price of a refrigerator, is

$820.00

If the markup is

25 %

of the dealer's cost, what is the dealer's cost of the refrigerator

Selling Price = $820

Mark up = 25% Cost Price

Selling Price = Cost Price + 25% Cost Price.

Let the cost price = x

Selling Price = x + 25% of x

820 = x + 0.25x

820 = 1.25x

820/1.25 = x

656 = x

Dealer's Cost of refrigeratior = $656