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

markup = original cost * percentage markup

$500

$10,500

$15,000

Question

Jaylen Winters

26 March, 19:58

+3

Answers (2)

Know the Answer?

Leonel · Answer 1

That would be 500 because you have to do 10,000x. 05 (percent)

Johan Whitney · Answer 2

J

Johan Whitney 26 March, 22:41

0

500 is your correct answer

A car seller buys a car from a manufacturer for $10,000. He increases the cost by 5 percent. What is the markup amount?markup = original cost * percentage markup$500$10,500$15,000