Question

The formula for calculating percentage markup is:

O A.
Sticker price - Invoice price
.100 = percent markup
Invoice price
B.
Sticker price - Invoice price
Invoice price
100 = markup
Invoice price - Sticker price
Sticker price
100 = percent markup
OD.
Invoice price - Sticker price
•100 = percent markup
Invoice price

Answer 1

A

Step-by-step explanation: confirmed

Answer 2

A. (sticker price - invoice price)/invoice price *100

Explanation:

sticker price: the price that the consumer pays

invoice price: the price that the dealer pays

markup price: is the profit made by the dealer relative to his/her cost. It is calculated as follows:

markup price = (selling price - cost price)/cost price

markup percentage: markup price *100