Question

Lonnie is purchasing a sedan with a $29,375 base price, $4,200 options total and adestination charge of $840. The dealer's costs are 91.7% of base price and 83.3%of options price.What is lonnies dealer price

Answer 1

We have that the purchasing Base price = $ 29, 375

Recall that the dealer's cost is 91.7% of the base price =

`(91.7)/(100)\text{ x \$ 29, 375 = \$ 26, 936. 88}`

On the other hand, we have that the option's Price = $ 4,200

Recall that the option's cost is 83.3% of the option's price, which is:

`(83.3)/(100)\text{ x \$ 4,200 = \$ 3, 498 .60}`

In conclusion, Lonnie's dealer price is given as :

$ 26, 936. 88 + $ 3,498. 60 = $ 30, 435. 48