laythsarmad laythsarmad

30-08-2020
Mathematics

contestada

Michael bought a classic car for $8,500. He restored it then added 150% markup before advertising it for sale. What is the amount of markup? is it 21250? or I'm I wrong thank you

Respuesta :

mhanifa mhanifa

30-08-2020

Answer:

$12750

Step-by-step explanation:

Initial price = $8500

Markup = 150%

Markup amount:

$8500*1.5 = $12750

Selling price would be:

$8500 + $12750 = $21250

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