Question

The next model of a sports car will cost 4.8% more than the current model. The current model costs 39,000. How much will the price increase in dollars? What will be the price of the next model?

Answer 1

40872

Explanation:

Sport car cost = 39,000 = 100%

new model will cost = 100+4.8= 104.8%

100% =39,000

104.8%=

`(104.8*39000)/(100)` =
`\frac{104.8* 390}` = 40872

Answer 2

Price of Next Model: $40,872

Price Increase: $1,872

Explanation:

To find the price of the next model, we can multiply 39,000 by 4.8 and then divide it by 100 to find how much 4.8% of 39,000 is.

4.8 x 39,000 = 187200

Then, divide 187,200 by 100.

187,200 x 0.01 = 1872

Lastly, add 1872 to 39,000 to find the new price.

1872 + 39,000 = 40,872

Therefore, the price of the next model is $40,872.

The price increase is $1,872.