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20 September, 07:34

A honda element with a dealer invoice price is $19,700 was retail price at $23,000. How much is the approximate percent markup based on selling price?

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  1. 20 September, 08:29
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    17% of 19,700 = 3349. So if you add 3349 to 19,700 you get 23,049. So it sounds like it's around a 16-17% markup.
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