The Markup on a New Van Should Be 30% Based

question 144

Multiple Choice

The markup on a new van should be 30% based on selling price. If the seller paid $25,550 for one, then how much should it be sold for to achieve the desired markup?

• A) $26,122.50
• B) $36,500.00
• C) $45,255.71
• D) $28,536.25

---

Definitions:

Challenging

Refers to tasks or situations that test one's abilities or skill levels, often leading to growth or improvement.

Threatening

Expressing or implying a threat, especially with the intention to cause fear or harm.

Well-Being

A state of health, happiness, and prosperity, encompassing physical, mental, and emotional health.

Childcare Support

Assistance provided to employees or community members in taking care of their children, which may include daycare services or financial aid for childcare expenses.