Markup = original cost × percentage markup

Mathematics

2 answers:

Svetradugi [14.3K]3 years ago

3 0

B) $480

8,000*.06= 480

Flauer [41]3 years ago

3 0

Answer:

B) $480

Step-by-step explanation:

We have been given that a car seller buys a car from a manufacturer for $8,000. He increases the cost by 6 percent. We are asked to find the markup value.

We know that markup is original cost times markup percentage. So markup value for the car would be :

$\text{Mark-up value of car}=\$8,000\times \frac{6}{100}$

$\text{Mark-up value of car}=\$80\times 6$

$\text{Mark-up value of car}=\$480$

Therefore, the mark-up value for the car is $480 and option B is the correct choice.

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AveGali [126]

Answer:

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Step-by-step explanation:

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