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hliz3 hliz3
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David Tang operates an automotive wrecking yard and he needs a 4-ton chain hoist to move heavy car and truck parts. Tang can buy a used hoist for $3,840 from a dealer who paid $1,600 for it. Compute the markup percent based on cost.
Textbook 

Contemporary Business Mathematics for Colleges


Edition: 16th
Authors:
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marlboromanmarlboroman
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More solutions for this book are available here
$3,840 - $1,600 = $2,240 dollar markup;
$2,240 ¸ $1,600 = 1.4 = 140% markup percent based on cost

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hliz3 Author
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2 weeks ago
Correct Slight Smile TY
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Thank you, thank you, thank you!
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Good timing, thanks!
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