Question

A car dealership pays a wholesale price of $15,000 to purchase a truck. The dealership wants to make a 35% profit. If they mark up the price of the truck, what will the retail price be for the truck?

Answer 1

Answer: $20250

Explanation:

35% = 0.35

15000 times 0.35 = 5250

15000 + 5250 = $20250