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15 September, 16:35

A car seller buys a car from a manufacturer for $10,000. He increases the cost by 5 percent. What is the markup amount?

markup = original cost * percentage markup

$500

$10,500

$15,000

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Answers (2)
  1. 15 September, 16:38
    0
    500 is your correct answer
  2. 15 September, 16:58
    0
    That would be 500 because you have to do 10,000x. 05 (percent)
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