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5 June, 10:18

A dealership purchase a four door sedan for $17000 and then sold it at a 15% markup. the dealership paid the buyer $4000 for the trade in which was sold the following week at 25% markup. what was the dealerships profit on these two vehicles?

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  1. 5 June, 12:11
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    15% markup on $17,000 = 17000*.15=$2550

    25% markup on $4,000 = 4000*.25 = $1000

    now just add the two markups.
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