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2 votes
Question 2: John owns a company that sells office equipment. He received a

large order from a company for some computers. He knows his cost for these
computers will be $7500. If he wants to earn a 20% profit on this order (ie add
a 20% markup), what would be the price he needs to charge?
2a: What will his markup amount be (in dollars)?
2b: What is the total amount he will charge the company for the whole order?

User LtWorf
by
8.7k points

1 Answer

3 votes

Answer:

2a) $1,500 markup

2b) $9000

Explanation:

20% of 7500 is 1500

7500 + 1500 = 9000

Hope this helps!

User Yeliz
by
7.4k points
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