Question

A car dealership pays $8,550 for a car. They markup the price by 20.4% to get the retail price. What is the retail price of the car at this dealership?

Answer 1

$10294.20

Explanation:

8550 increase 20.4% =

8550 × (1 + 20.4%) = 8550 × (1 + 0.204) = 10294.2