Question

A 2-door sedan sticker shows a base price of $12,130.00, with options totaling $2,623.00 and a $515.00 destination charge. Consumer Reports shows the dealer cost at about 93% of the base price and 97% of the options. What is the dealer’s cost?

Answer 1

(12,130×0.93)+0.97×(2,623)+515
=14,340.21

Answer 2

Answer: The dealer's cost is $14340.21.

Explanation:

Since we have given that

Base price of a 2-door Sedan sticker = $12130.00

Total of options cost = $2623.00

Destination charges = $515.00

According to question, there is cost taking 93% of the base price and 97% of the options.

So, it becomes,

`(93)/(100)* 12130+(97)/(100)* 2623+515\\\\=0.93* 12130+0.97* 2623+515\\\\=11280.9+2544.31+515\\\\=\$14340.21`

Hence, The dealer's cost is $14340.21.