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David Tang operates an automotive wrecking yard and he needs a 4-ton chain hoist to move heavy car ...
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David Tang operates an automotive wrecking yard and he needs a 4-ton chain hoist to move heavy car ...
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:
16
th
Authors:
Deitz, Southam
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$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
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Correct
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terriroberts96
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Thank you, thank you, thank you!
TheMoffattMan
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Good timing,
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