Question

@ranga @Becki . A new car has a sticker price of $22,450, while the invoice price paid was $19,450. What is the percentage markup?. . A.15.42%. B.11.36%. C.13.36%. D.10%

Answer 1

To answer the problem given above, divide the difference of the prices by the original price and multiply the answer by 100%. This is,
                           ((22450 - 19450) / 19450) x 100% = 15.42%
Therefore, the percentage markup of the new car is approximately 15.42%.