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A new car has a sticker price of $23,750, while the invoice price paid on it was $22,950. what is the percentage markup?

A new car has a sticker price of $23,750, while the invoice price paid on it was $22,950. what is the percentage markup?
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3 votes
A new car has a sticker price of $23,750, while the invoice price paid on it was $22,950. what is the percentage markup?

User ReaperSoon
by
8.4k points

2 Answers

2 votes

Answer:

3.48%

Explanation:

User Henrique Ramos
by
9.1k points
5 votes
Hi there

The markup percentage is
((23,750−22,950)÷22,950)×100
=3.5%

User Oysio
by
8.0k points
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