The extended warranty on a mini-fridge costs $41.25. If the warranty is 12.5% of the normal price, what is the cost of the mini-fridge itself, to the nearest dollar?

Question

a.
$225
b.
$516
c.
$330
d.
$303

Answer 1

To find the normal price of the mini-fridge, we can set up an equation based on the information given. The warranty costs $41.25, which is 12.5% of the mini-fridge's normal price.

Let \( x \) be the normal price of the mini-fridge. Then we can write the equation:

\[ 0.125x = 41.25 \]

To find \( x \), divide both sides by 0.125:

\[ x = \frac{41.25}{0.125} \]

Calculating the right-hand side:

\[ x = 330 \]

Thus, the cost of the mini-fridge, to the nearest dollar, is \( \boxed{330} \).