Question

The cost to repair a car after a collision was $2,700. The automobile insurance policy paid the entire bill except for a $675 deductible, which the driver paid. What percent of the cost did he pay?

Answer 1

The driver paid 25% of total repair cost.

Explanation:

Cost to repair a car = $2700

Insurance company paid entire bill except for a $675 deductible.

i.e Driver paid the deductible amount = $675

Percentage of cost he did pay = ( Deductible amount/ total cost ) × 100

= (675/2700) × 100

= 675 * 100 / 2700

= 25 %

Hence the driver paid 25% of total repair cost.