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A new car has a sticker price of $26,450, while the invoice price paid on it was $20,450. What is the percentage markup? a.10% b.29.3% c.13.36% d.11.36%

A new car has a sticker price of $26,450, while the invoice price paid on it was $20,450. What is the percentage markup? a.10% b.29.3% c.13.36% d.11.36%
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A new car has a sticker price of $26,450, while the invoice price paid on it was $20,450. What is the percentage markup?

a.10%
b.29.3%
c.13.36%
d.11.36%

User Shiro
by
7.3k points

2 Answers

4 votes

Answer:

b. 29.3%

Explanation:

AP3X

User Virmundi
by
8.2k points
6 votes
Answer: The correct answer is Choice C 29.3%.

To find the percent change, we place the amount of change over the original amount.

The change is: 26450 - 20450 = 6000

Now, we can write our fraction and change it to a percent.

6000 / 20450 x 100 = 29.3%
User KotAPI
by
8.7k points
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