Question

A new car has a sticker price of $22,450, while the invoice price on it was $19,450. what is the dollar amount of markup​

Answer 1

Explanation:

Dollar amount of markup = sticker price - invoice price

sticker price is what you pay to buy the car

invoice price is what the dealership has to pay the manufacturer of the car.

sticker price = 22450

invoice price = 19450

Dollar amount of the markup = 22450 - 19450

Dollar amount of the markup = 3000