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4 May, 14:30

A car seller buys a car form a manufacturer for $10,000. He increases the cost by 5 percent. what is the markup amount?

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  1. 4 May, 18:16
    0
    Answer:.05

    *

    10000

    = 500

    Step-by-step explanation:

    5 percent is equal to. 05 as 5 percent =

    5

    100

    to find the mark up multiply markup times the principle. so

    .05

    *

    10000

    =

    500
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