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A Honda Element with a dealer invoice price of $19,700 was retail priced at $23,000 how much is the approximate percent markup based on selling price ?

A Honda Element with a dealer invoice price of $19,700 was retail priced at $23,000 how much is the approximate percent markup based on selling price ?
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4 votes
A Honda Element with a dealer invoice price of $19,700 was retail priced at $23,000 how much is the approximate percent markup based on selling price ?

User BlakeH
by
7.1k points

1 Answer

3 votes

Answer:

1.17%

Explanation:

23,000 divide by 19,700

User Ludwig Schulze
by
8.8k points
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