Question

A Hummer four-door costs $57915. A dealer has a 12.3% markup. What is the selling price of the vehicle?

Answer 1

65038.55

Explanation:

First, Let's turn 12.3% into a decimal which is 0.123

Then Multiply 57,915 by 0.123

57,915 × 0.123= 7123.545 Round; 7,123.55

Then Add [Mark up = Add] 57,915 with 7,123.55

57,915 + 7,123.55= 65038.55

Hence, the Answer is 65038.55

Answer 2

For $57915 being what the dealer buys it at:

(57915)x(0.123) = 7123.545
(57915)+(7123.545) = 65038.545

For the $57915 being the final selling price:

(57915)x(0.123) = 7123.545
(57915)-(7123.545) = 50791.455