Question

A new car sticker shows a base price of $29,999.00 and options totaling $4,999.00. The destination charge is $325.00. Your research shows you that the dealer’s cost is 90 % of the base and 85 % of the options. What is the dealer’s cost?

Answer 1

The base price = $29,999.00
The dealer's base price is
90% of $29,999.00 = 0.9*29,999 = $26,999.10

The destination charge = $325.00
The dealer's destination charge is
85% o $325 = 0.85*325 = $276.25

The dealer's cost is
$26999.10 + $276.25 = $27,275.35

Answer: The dealer's cost is $27,275.35