Question

The next model of a sport car will cost 6.7%less than current model.the current model cost $46,000.how much will the price decrease in dollars?what will be the price of the next model

Answer 1

$42,918

Explanation:

There are basically a couple ways to do this

First way:

46,000 x 0.067 = 3,082

46,000 - 3,082 = 42,918

Second way

46,000 x (1 - 0.067)

46,000 x 0.933 = 42,918

Either way works; just use which one you prefer