Question

A car was marked $25,000. Ms. Eve bought it at a discount of

18%. In addition, she had to pay 7% tax. If Ms. Eve had to put
14% of what she had to pay as down payment, how much
money did she have to pay for the down payment?
4​

Answer 1

Ms. Eve had to pay a down payment of $3,070.90 after buying a car listed at $25,000 with an 18% discount, 7% tax on the discounted price, and making a 14% down payment on the total cost.

Step-by-step explanation:

The subject of this question is Mathematics, specifically dealing with percentages and how they are used in financial calculations. Ms. Eve bought a car with a list price of $25,000 at an 18% discount, then paid 7% tax on the discounted price, and finally made a 14% down payment on the total amount she had to pay. To find the down payment amount, we need to perform a series of calculations.

1. Calculate the discount: 18% of $25,000 = 0.18 × $25,000 = $4,500.
2. Subtract the discount from the list price to find the price after discount: $25,000 - $4,500 = $20,500.
3. Calculate the tax on the discounted price: 7% of $20,500 = 0.07 × $20,500 = $1,435.
4. Add the tax to the discounted price to get the total amount Ms. Eve had to pay: $20,500 + $1,435 = $21,935.
5. Calculate the down payment: 14% of $21,935 = 0.14 × $21,935 = $3,070.90.

Ms. Eve had to pay $3,070.90 for the down payment on her car purchase.