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

Question

1.
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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Thu Thủy 3 years 2021-08-17T15:42:16+00:00 2 Answers 2 views 0

Answers ( )

    0
    2021-08-17T15:43:19+00:00

    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

    0
    2021-08-17T15:43:29+00:00

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

    38,000 x 1.08 = 41,040

    The price is $41,040

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