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24 December, 00:16

A new car has a list price of 33,500. Suppose that the dealer markup on this car is 15%. What is the dealer's cost?

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  1. 24 December, 00:24
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    I'm not sure if markup means addition or not from the original price, but 15% of $33,500 is $5,025. So if it's addition than the price is $38,525.
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