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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asked Oct 7, 2015 158k views

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Krishna Chytanya · Answer 1 · 2015-10-12T04:12:46+0000

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

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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