Question

the next model of sports car will cost 6.1% less than the current model. the current model costs 52,000 dollars. how much will the price decrease in dollars? what will be the price of the next modelquestions to answerdecrease in price?price of next model?

Answer 1

Given,

Cost of current model is 52000 dollars.

The rate of decreament of cost is 6.1% of current model cost.

The decrase in price is,

`\begin{gathered} D=6.1\text{ of 52000} \\ \text{ =}(6.1)/(100)*52000 \\ \text{ =6.1}*520 \\ \text{ =3172} \end{gathered}`

The decrease in price is 3172 dollars.

The cost of the next model is,

`\begin{gathered} \text{Cost of next model= cost of current model-decrease in price amount} \\ \text{ =52000-3172} \\ \text{ =48828} \end{gathered}`

Hence, the cost of the next model is $48828.