29. cost of an ATV: \( \$ 2857 \) markup: \( 34 \% \)
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When it comes to pricing, understanding the markup can be really helpful! If the cost of the ATV is $2857 and there's a 34% markup, you can calculate the selling price by multiplying the cost by the markup percentage expressed as a decimal (0.34) and then adding it back to the original cost. So, the math goes like this: \( \$ 2857 \times 0.34 = \$ 971.38 \), add that to the cost for a selling price of approximately \( \$ 3828.38 \). Markups can vary widely depending on the industry. For ATVs, a markup of 34% is pretty common, but always keep an eye out for special sales or discounts, especially during off-peak seasons. Dealers often slash prices to make way for new inventory, so timing your purchase could save you a lot of money!
