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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

Respuesta :

kaydot
The markup is $500 because the original cost is 10,000 and is then multiplied by .05 (5%), to get the markup, 500 dollars.
starbuckslove20
500 is the markup amount. the original amount is 10,000. the percent markup is .05%  

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