Question

A new car has a sticker price of $20,950, while the invoice price paid on it was $18,750. What is the dollar amount of markup?

Answer 1

I calculated it and the answer is $22.00.

Answer 2

Explanation:

Alright, lets get started.

The car sticker price = 20950

The invoice price = 18750

The markup =
`sticker price-invoice price`

The markup =
`20950-18750`

The markup price = 2200

So the amount of markup is $ 2200 : Answer

Hope it will help :)