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By selling his car for 294,000. Mr fidelis lost 2%. what is the cost price of the car​
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By selling his car for 294,000. Mr fidelis lost 2%. what is the cost price of the car​

User Hackoo
by
8.3k points

1 Answer

5 votes

Answer:

$300,000.

Explanation:

He sold it for 98% of what he paid for it.

So if the cost price is $x:

0.98x = 294,000

x = 294,000 / 0.98

= $300,000.

User Entalpia
by
8.4k points
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