Question

a dealership purchase a four door sedan for $17000 and then sold it at a 15% markup. the dealership paid the buyer $4000 for the trade in which was sold the following week at 25% markup. what was the dealerships profit on these two vehicles?

Answer 1

15% markup on $17,000 = 17000*.15=$2550
25% markup on $4,000 = 4000*.25 = $1000

now just add the two markups.

Answer 2

Answer:3550

Explanation:

APEX