The Benz C300 markup should be $15525. The markup price for the new Toyota Highland should be $43470
Step-by-step explanation:
For the used Benz C300
Initial price $12,000
Apply import duty for Nigeria which is 25%, which is similar to increasing the price by 25%
100% +25%=125%
12000*125/100 = $15000
Apply the 15% profit
100%+15%=115%
15000*115/100 =$17250
Apply the 10% discount, reducing the price by 10%
100%-10%=90%
17250*90/100 =$15525
The Benz C300 markup should be $15525
For the Toyota Highlander
Initial price = $30,000
Apply import duty for Nigeria for new cars, which is 40%, which is similar to increasing the car price by 40%
100%+40%=140%
30,000*140/100 =$42000
Apply the 15% profit
15%+100%=115%
115/100*42000 =$48300
Apply the 10% discount
100%-10%=90%
48300*90/100=$43470
The markup price for the new Toyota Highland should be $43470
Learn More
Percentage increase and decrease :brainly.com/question/11537235
Keywords : cars, import duty, cost, minimum profit, discount, reseller
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So according to the problem, the tax should be calculated using the bill.
So 5.5% equals to 0.055.
Then multiply 0.055 and 74.98.
Thus resulting in 4.1239 and when rounded, the answer should be 4.12, C
It's C first find 3/5 of the horoziotal
A. 0.15 Because its making me type twenty characters.
5 it's not a factor of 2058
