Question

WHY CAN'T ANYONE HELP ME PLEASE? THANKS! A student at a university makes money by buying and selling used cars. Charles bought a used car and later sold it for a ​15% profit. If he sold it for ​$4669​, how much did Charles pay for the​ car?

Answer 1

Explanation:

Given,

a student (Charles) bought a car and sold it in 15 % profit for $4669.

we have the formula,

`cp = (sp * 100)/(100 + p\%)`

so,

`cp = (4669 * 100)/(100 + 15)`

by simplifying it we get,

CP is $4060.

Therefore, the cp was $4060.

Hope it helps...