Question

A car costs 20% less this year than last year. Last year, the car cost 5% less than the year before. The price of the car this year is $9,400. How much did the car cost 2 years ago?

Answer 1

The answer is 11,374

Explanation:

First we find 5% of 9,400 is.

9,400 * 5% = 470

Next we add 9,400 with 470 then multiply by 20%

9,400 + 470 = 9,870

9,870 * 20% = 1974

Next we add.

9,870 + 1,974 = 11,374

So, the answer is 11,374

Hope this helps! :)