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In Mathematics / Middle School | 2014-07-13

Al's Awesome Autos advertised a special sale on cars - Dealer cost plus 5%.

Jack and Margaret bought a luxury sedan for $23,727.90.

What was the dealer's cost?

Asked by Alexneedshelp

Answer (2)

Dealer's cost + 5% = 23,727.90
(1 + .05) dealer's cost = 23,727.90
Dealer's cost = 23.727.90 / 1.05 = 22,598

Answered by AL2006 | 2024-06-10

The dealer's cost for the luxury sedan is $22,598. This is determined by setting up the equation based on the total price paid and solving for the original cost. By calculating, we find that the original dealer cost before the 5% markup is $22,598.
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Answered by AL2006 | 2024-12-23