Register
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?
101k views
2 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 Eric Ed Lohmar
by
7.4k points

1 Answer

7 votes
16.75% mark up.

To find this, minus the difference....

23,000 - 19,700 = 3,300..

then divide by the first cost...

23,000 ÷ 3,300 = 0.1675

now multiply that by 100...

0.1675 x 100 = 16.75%
User Mortennobel
by
7.2k points
← Prev Question Next Question →

Related questions

Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.5m questions

12.2m answers

Other Questions

How do you can you solve this problem 37 + y = 87; y =
What is .725 as a fraction
How do you estimate of 4 5/8 X 1/3
A bathtub is being filled with water. After 3 minutes 4/5 of the tub is full. Assuming the rate is constant, how much longer will it take to fill the tub?
i have a field 60m long and 110 wide going to be paved i ordered 660000000cm cubed of cement  how thick must the cement be to cover field
Link Copied!