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?

Question

Catalina Glenn

5 June, 10:18

+2

Answers (1)

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Antonio Higgins · Answer 1

15% markup on $17,000 = 17000*.15=$2550

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

now just add the two markups.