A man purchased a TV and fridge. If the price of TV is 150% of price of fridge then price of fridge is what percentage of the total cost of TV and fridge?
Let the price of the fridge be \( F \). Then the price of the TV is \( 1.5F \). The total cost of the TV and fridge is: \[ F + 1.5F = 2.5F \] The percentage of the total cost that is the price of the fridge is: \[ \frac{F}{2.5F} \times 100\% = \frac{1}{2.5} \times 100\% = 40\% \] Thus, the price of the fridge is 40% of the total cost of the TV and fridge.