Question

PLEASE HELP ONLY CORRECT ANSWERS ONLY

Answer 1

50000

Explanation:

Using

`P(percentage) * CP(cost \: price) = Sales \: Tax`

Putting the given values

P × 25000 = 1750

`P = (1750)/(25000)`

`P = 0.07 * 100`

`P = 7\%`

Now

For purchase price of a new car.

`P * CP=Sales \: Tax`

`7 * CP = 3500`

`CP = 50000`

Hope it helps you, any confusions you may ask!