Question

a car dealer buys a new car for 24,500 the dealer then marks the cars price up 27% what is the selling price of the car

Answer 1

$24500 multiply by 27%= $6,615 There , $24500( initial price ) + $6,616= $31,115 ( as the new price).

Answer 2

The selling price of the car is $31115.

Explanation:

Given : A car dealer buys a new car for 24,500 the dealer then marks the cars price up 27%.

To find : What is the selling price of the car?

Solution :

A car dealer buys a new car for 24,500.

The dealer marks the cars price up 27%.

The increase in the price is
`24500* 27\%`

`=24500* (27)/(100)`

`=\$6615`

Now, The selling price of the car is summation of initial price and increase in the price.

`SP=24500+6615`

`SP=\$31115`

Therefore, The selling price of the car is $31115.