Question

@John_ES
A dealership purchased a four-door sedan for $19,000 and then sold it at 15% markup. The dealership paid the buyer $5000 for a trade-in, which was sold the following week at 25% markup. What was the dealership's profit on these two vehicles?

A. $2450
B. $2850
C. $4100
D. $3999

Answer 1

This is how you calculate the profit on the $19000 car.
15% of 19000 = 15% * 19000 = 0.15 * 19000 = 2850

Now do the same to the $5000 car and add the profits.

Answer 2

which will be 4100