YaBoyCollin YaBoyCollin

20-10-2016
Mathematics

Answered

A car seller buys a car from a manufacturer for $10,000. He increases the cost by 5 percent. What is the markup amount?

markup = original cost × percentage markup

$500

$10,500

$15,000

Verified Answer :

jsamgajuliojones jsamgajuliojones

20-10-2016

That would be 500 because you have to do 10,000x .05 (percent)

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schoolwork12 schoolwork12

20-10-2016

500 is your correct answer

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