SOLUTION: A new car costs $16,250 from the manufacturer. The dealership sells the car for $23,000. What is the percent markup at the dealership?
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Question 808628: A new car costs $16,250 from the manufacturer. The dealership sells the car for $23,000. What is the percent markup at the dealership?
Answer by Cromlix(4381) (Show Source): You can put this solution on YOUR website!
$23,000 - $16,250
=$6750
$6750/$16,250 * 100
= 41.5%
Markup = 141.5%
Hope this helps
:-)
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