The price of the car after 15% markup will be $8,280
The cost price of car for Hanks = $7200
Marking up of price is done by 15%
Markup price = Cost price + 15% of cost price
[tex]\text{Markup Price} = 7200 + \dfrac{7200 \times 15}{100}\\\\\text{Markup Price} = 7200 + 1080 = \$8,280[/tex]
Thus, the price of the car after 15% markup will be $8,280
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