Question

Ed is a car salesman. he makes 1.5% commission on each car he sells. if he made $397.50 on the last car he sold,find the sales price of the car. ​

Answer 1

The sales price of the car is $26,500.

Step-by-step explanation:

To find the sales price of the car, we need to divide the commission amount by the commission rate.

First, let's convert the commission rate to a decimal. 1.5% is equal to 0.015.

Next, we'll use the formula: Sales Price = Commission Amount / Commission Rate.

So, the sales price of the car can be found by dividing $397.50 by 0.015, which equals $26,500.

Answer 2

$26,500.

Step-by-step explanation:

It is given that Ed is a car salesman. he makes 1.5% commission on each car he sells.

He made $397.50 on the last car he sold.

We need to find the sales price of the car.

Let x be the selling price of the car.

1.5% of x = $397.50

`x* (1.5)/(100)=397.50`

`0.015x=397.50`

Divide both sides by 0.015.

`x=(397.50)/(0.015)`

`x=26,500`

Therefore, the sales price of the car is $26,500.