Question

Frank gets a Lamborghini for Christmas from Bill Nye for $225,000. Frank crashes the Lamborghini and survives. But his car is damaged. His repairs will cost 55% of the original price, but 30% of the price is covered by insurance. How much money does Frank owe?

Answer 1

Answer: Frank has to pay 56,250 dollars

Step-by-step explanation: If Frank's repair costs 55% of the original price, that means he'll have to pay 123,750 dollars because 55% of 225,000 is 123,750. But he doesn't have to pay that amount because the car insurance is paying 30% of 225,000 which is 67,500 dollars. So the car insurance is paying 67,500 dollars out of the 123,750 dollars in damage. So you'll have the subtract 123,750 by 67,500 which is 56,250 dollars.