Question

A car dealership earns a portion of its profit on the accessories sold with a car. The dealer sold a Toyota Camry loaded with accessories for $24,000. The total cost of the car was 8 times as much as the accessories. How much did the accessories cost?

Answer 1

$24000/8 = $3000
The accessories cost $3000

Answer 2

$2666.67

Explanation:

We are given that

Selling price of car with accessories=$24000

We have to find the value of cost of accessories

Let cost of accessories=x

Total cost of car =y

Total cost of car=8 times the accessories

Total cost of car =y=8 x

According to question

Selling price=Cost of car +cost of accessories

$2400=y+x

Substitute the values

`8x+x=$2400`

`9x=24000`

`x=(24000)/(9)`

x=$2666.67

Hence, the cost of accessories=$2666.67