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2 years ago

A car dealership buys a car for $12,500. They sell the car for $15,750. What is the percent markup?

Mathematics

2 answers:

Inga [223]2 years ago

8 0

Answer: 26

Step-by-step explanation:

12,500 - 15,750= 3250

Elodia [21]2 years ago

4 0

Answer: 26%

Step-by-step explanation:

The formula to calculate the percentage markup is given as:

= Selling price - Cost / Cost price × 100

where selling price = $15750

Cost price = $12500

Percentage markup = ($15750 - $12500) / $12500 × 100

= $3250/$12500 × 100

= 26%

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