Question

The next model of a sports car will cost 5.2% less than the current model. The current model costs $41,000. How much will the price decrease in dollars? What will be the price of the next model?

Answer 1

The price will decrease by $2132

Explanation

Given that the next model of the sports car will cost 5.2% less than the current model.

The price of the current model=$41000

The price of the next model will be 5.2% less than $41000

`price\ of\ next\ model=price\ of \ current \ model *(100-5.2)/100\\=41000* 94.8/100\\=38868`

`decrease in price=41000-38868=2132`

There is a $2132 decrease in prize of the sports car.