Question

The next model of a sports car will cost 14.6% less than the current model. The current model costs $38,000 . How much will the price decrease in dollars? What will be the price of the next model?

Answer 1

Part 1) The price will decrease $5,548

Part 2) The price of the next model is $32,452

Explanation:

Let

x ----> the price of the next model

we know that

The current model costs $38,000 -----> represent the 100%

step 1

To find the price decrease in dollars multiply the current model price by 14.6%

14.6%=14.6/100=0.146

so

0.146*($38,000)= $5,548

step 2

Find the price of the next model

To find the price of the next model subtract the price decrease from the price of the current model

so

x=$38,000-$5,548=$32,452