Question

Don's used car lot has a standard markup rate of 25%. Don recently bought a car at an auction for $4000. After one month, he decided to discount the price 10% to sell the car quickly. What was Don asking for the car one month after he bought it?

Answer 1

$3,600

Explanation:

(4.000)(0.1)=400

4,000-400 = 3,600