Question

A car seller buys a car from a manufacturer for $8,000. He increases the cost by 6 percent. What is the markup value?

Answer 1

he marks it up by 480, so the final price will be $8,480

Answer 2

it says increase by 6 per cent.
your base price must be multiplied by 0.06 then whatever the product is will have to be added to the base price
base price is your original value. per cent is your rate

Answer 3

have you learned how to convert fractions to decimals, decimals to percent, fractions to percent and other combinations?