Do you know this answer...lol?

1 ⤊

Do you know this answer...lol?

A car dealer advertises a 5% markup over cost. Find the selling price of a car that costs the dealer $16,000.

2007-12-30 13:26:31 · 2 answers · asked by Anonymous in Education & Reference ➔ Homework Help

2 answers

just add 5% to $16,000
that's $800
so the price is $16,800

2007-12-30 13:30:37 · answer #1 · answered by Steve A 7 · 1⤊ 0⤋

Just add 5% of 16,000 which is 800 and add it to the money the car dealer spent on the car which is 16,000. This makes the total 16,800. That is your answer.. $16,800.

2007-12-30 21:39:08 · answer #2 · answered by hokiesoccerfreak 3 · 0⤊ 0⤋