You see a used car you wish to buy. The dealer quotes you a price of $9,550. You have a blue book quotation of $8,400 for the same model and year. How much mark
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Question
You see a used car you wish to buy. The dealer quotes you a price of $9,550. You have a blue book quotation of $8,400 for the same model and year. How much markup on cost is the dealer using?
2 Answer

1. User Answers Aliwohaish12
((9,550−8,400)÷8,400)×100
=13.69%=14% 
2. User Answers kws65411
Answer:
It is 13.69% Exactly
Stepbystep explanation:
You see a used car you wish to buy. The dealer quotes you a price of $9,550. You have a blue book quotation of $8,400 for the same model and year. How much markup on cost is the dealer using?