bianeyo bianeyo

07-12-2016
Mathematics

contestada

a honda element with a dealer invoice price is $19,700 was retail price at $23,000. How much is the approximate percent markup based on selling price?

Respuesta :

SwaggerDude SwaggerDude

07-12-2016

17% of 19,700 = 3349. So if you add 3349 to 19,700 you get 23,049. So it sounds like it's around a 16-17% markup.

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