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hanks buys a used car for $7200 and plans to sell it on his used car lot. what is the price of the car after a markup of 15%?

Respuesta :

The price of the car after 15% markup will be $8,280

Given that:

The cost price of car for Hanks = $7200

Marking up of price is done by 15%

Calculations:

Markup price = Cost price + 15% of cost price

[tex]\text{Markup Price} = 7200 + \dfrac{7200 \times 15}{100}\\\\\text{Markup Price} = 7200 + 1080 = \$8,280[/tex]

Thus, the price of the car after 15% markup will be $8,280

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