Question

The next model of a sports car will cost 12.1% less than the current model the current model cost $52,000 how much will the price decrease in dollars what will be what will be the price of the next model

Answer 1

In order to find the decrease in price, we need to multiply the cost of the current model ($52000) by 12.1%.

First, let's remember that:

12.1% = 12.1/100 = 0.121

So, we have:

Decrease in price = $52000 * 0.121

=$52 * 1000 * 0.121

= $52 * 121

= $6292

Now, the price of the next model will be the price of the current one minus the decrease:

Price of next model = $52000 - $6292

= $45708

Therefore, the answers are:

Decrease in price: $6,292

Price of next model: $45,708