SOLUTION: Miguel purchased a $51,000 RV for the family. The dealer told Miguel that there is a 30 percent markup on selling price for this type of vehicle.
a.) What was the amount of the de
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Question 1115990: Miguel purchased a $51,000 RV for the family. The dealer told Miguel that there is a 30 percent markup on selling price for this type of vehicle.
a.) What was the amount of the dealer’s markup?
b.) What was the dealer’s original cost?
Answer by rfer(16322) (Show Source): You can put this solution on YOUR website!
51000/1.30=39230.00
51000-39230=11,770.00 markup
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39,230.00 cost
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