Question

To buy the car new is $43,500.00 however if you wait 18 months it’s 55% cheaper. How much can you get the car for in 18 months?

Answer 1

Given:

The cost price of a new car = $ 43,500.00

The amount is decreased by 55%.

To find- the cost price of the car after 18 months.

Explanation-

Let us calculate 55% of the cost price of a car.

`\begin{gathered} =(55)/(100)*43500 \\ =55*435 \\ =\text{ \$ 23925 } \end{gathered}`

Thus, the amount at which the car can be bought after 18 months will be

`\begin{gathered} =43500-23925 \\ =\text{ \$ 19575 } \end{gathered}`

The answer is $ 19575.