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A car dealer advertises a 8% markup over cost. Find the selling price of a car that costs the dealer $38,000.

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A car dealer advertises a 8% markup over cost. Find the selling price of a car that costs the dealer $38,000.

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Answer:41040

Step-by-step explanation:First find the markup

38000* 8%

38000*.08

3040

Add the markup to the original price

38000+3040

41040

Multiply the cost of the car by 1 + percent of markup:

38,000 x 1.08 = 41,040

The price is $41,040