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Otrada [13]
3 years ago
12

A new car has a sticker price of $22,150, while the invoice price paid on it was $18,780. what is the percent amount of markup?

show your work.
Mathematics
2 answers:
Step2247 [10]3 years ago
6 0

Answer: the answer is 17.94% APEX

Dmitrij [34]3 years ago
5 0

The formula to find markup amount

\frac{Change in price }{original price}

A new car has a sticker price of $22,150, while the invoice price paid on it was $18,780.

Original price of new car = $18,780

Sticker price of new car = 22,150

Change in price = 22,150 - 18,780 = 3370

Markup = \frac{Change in price }{original price}

= \frac{3370 }{18780}

= 0.179446

Markup percentage = 0.179446 * 100 = 17.94%

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