Question

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

Answer 1

Let the price be P. Since 12.5% of P = $41.25:

0.125P = 41.25 → P = 41.25 / 0.125 = 330.

Answer: (c) $330.