Question

A car dealer paid a certain price for a car and marked it up by 8/5 of the price he paid.

d. Later, he sold it for $60,000. What is the original price?

Answer 1

The answer is 37500 see

Answer 2

$37 500

Explanation:

let x be the original price

the equation

8/5×x=60000 can be developed from the question

x=37500