Question

a new car has a sticker price of $22,450 while the invoive price paid was$19,450 what is the dealer mark up

Answer 1

minus 3000 dollars. am not sure but i want to try.

Answer 2

Marked up price of the car = $3000

Explanation:

Sticker Price of the new car = $22450

Now, The dealer sells this car and prepared the invoice

But, The price on the invoice of the car is different from the sticker price

The price on the invoice which was paid = $19450

Since, Sticker price > Invoice price

So, The dealer has marked up the price of the car

And we need to find the marked up price of the car

⇒ Marked up price of the car = 22450 - 19450

= $3000