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10 May, 09:51

If Lee Trucks buys at cost a truck for $10,000 and plans

to sell it for $12,000, the percent markup on cost is:

O

16.5%

o 25%

20%

o none of the above

+3
Answers (2)
  1. 10 May, 11:38
    0
    20% markup

    Step-by-step explanation:

    10,000 x 1.20 = 12,000
  2. 10 May, 12:19
    0
    20%

    Step-by-step explanation:

    10,000*120%=12,000
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