Anew car has a sticker price of $20,950, while the invoice price paid on it was $17,750. what is the percentage markup? a. 19.5% b. 12.4% c. 18.02% d. 11.2%

we are given

sticker price is $20,950

invoice price is $17,750

mark up price = sticker price - invoice price

mark up price = 20950-17750

mark up price = 3200

% mark up = [( mark up price)/(invoice price) ]*100

now, we can plug values

and we get

%

so, option-C.....................Answer

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step-by-step explanation:

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