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A new car has a list price of $26,500. Suppose that the dealer markup on this car is 20%. What is the dealer's cost? (When answering this question, can you show me the formula you used so I know how to
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A new car has a list price of $26,500. Suppose that the dealer markup on this car is 20%. What is the dealer's cost?

(When answering this question, can you show me the formula you used so I know how to set up the equation to solve it? Thanks.)

User Kent
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Hope this helps you out=)
A new car has a list price of $26,500. Suppose that the dealer markup on this car-example-1
User Tygzy
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