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A new car has a sticker price of $22,450, while the invoice price on it was $19,450. what is the dollar amount of markup
Question
A new car has a sticker price of $22,450, while the invoice price on it was $19,450. what is the dollar amount of markup
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Mathematics
4 years
2021-09-02T00:54:15+00:00
2021-09-02T00:54:15+00:00 1 Answers
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Answer:
Step-by-step explanation:
Dollar amount of markup = sticker price – invoice price
sticker price is what you pay to buy the car
invoice price is what the dealership has to pay the manufacturer of the car.
sticker price = 22450
invoice price = 19450
Dollar amount of the markup = 22450 – 19450
Dollar amount of the markup = 3000