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10 March, 06:00

You see a used car you wish to buy. The dealer quotes you a price of $9,550. You have a blue book quotation of $8,400 for the same model and year. How much markup on cost is the dealer using?

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  1. 10 March, 07:20
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    ((9,550-8,400) : 8,400) * 100

    =13.69%=14%
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