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Al's Awesome Autos advertised a special sale on cars - Dealer cost plus 5%!! jack and Margaret bought a luxury sedan for $23,727.90.what was the dealers cost?

Al's Awesome Autos advertised a special sale on cars - Dealer cost plus 5%!! jack and Margaret bought a luxury sedan for $23,727.90.what was the dealers cost?
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Al's Awesome Autos advertised a special sale on cars - Dealer cost plus 5%!! jack and Margaret bought a luxury sedan for

$23,727.90.what was the dealers cost?

User Nicover
by
8.1k points

1 Answer

5 votes
Dealer's Cost + another 5% of Dealer's cost = (1.05) Dealer's cost.

(1.05) Dealer's cost = $23,727.90

Divide each side by 1.05 :

Dealer's cost = $23,727.90 / 1.05 = $22,598.00
User Krishna Chytanya
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7.6k points
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