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@ranga @Becki . A new car has a sticker price of $22,450, while the invoice price paid was $19,450. What is the percentage markup?. . A.15.42%. B.11.36%. C.13.36%. D.10%

@ranga @Becki . A new car has a sticker price of $22,450, while the invoice price paid was $19,450. What is the percentage markup?. . A.15.42%. B.11.36%. C.13.36%. D.10%
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@ranga @Becki . A new car has a sticker price of $22,450, while the invoice price paid was $19,450. What is the percentage markup?. . A.15.42%. B.11.36%. C.13.36%. D.10%

User Alexander Shapkin
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1 Answer

1 vote
To answer the problem given above, divide the difference of the prices by the original price and multiply the answer by 100%. This is,
((22450 - 19450) / 19450) x 100% = 15.42%
Therefore, the percentage markup of the new car is approximately 15.42%.
User Bzg
by
7.6k points
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