Register
You, a used car dealer, are thinking about buying a 3-year-old car. You think you can resell the car for $9,500. If you want to maintain a 21% markup on the selling price, what price should you pay for
75.6k views
5 votes
You, a used car dealer, are thinking about buying a 3-year-old car. You think you can resell the car for $9,500. If you want to maintain a 21% markup on the selling price, what price should you pay for the car?

a. $11,495
b. $1,995
c. $7,505

User Nbi
by
8.2k points

1 Answer

0 votes


x * 1.21 = 9500


x = (9500)/(1.21) = 7851

User Retired Ninja
by
8.1k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.5m questions

12.2m answers

Other Questions

How do you can you solve this problem 37 + y = 87; y =
What is .725 as a fraction
How do you estimate of 4 5/8 X 1/3
A bathtub is being filled with water. After 3 minutes 4/5 of the tub is full. Assuming the rate is constant, how much longer will it take to fill the tub?
A dealer sells a certain type of chair and a table for $40. He also sells the same sort of table and a desk for $83 or a chair and a desk for $77. Find the price of a chair, table, and of a desk.
Link Copied!