Answer:
The cost of each sedan is twenty five thousand dollars while the cost of each SUV is thirty two thousand dollars
Explanation:
The given parameters are;
The number of sedans the Flex N Furious Luxury Car dealership owner purchases = 8 sedans
The number of sport utility vehicles the Flex N Furious Luxury Car dealership owner purchases = 6 sport utility vehicles
The number of sedans the Capital Height locations receive = 5 sedans
The number of sport utility vehicles the Capital Height locations receive = 2 sport utility vehicles
The total cost of the cars received by the Capital Height locations = $189,000
The number of sedans the District Height locations receive = 3 sedans
The number of sport utility vehicles the District Height locations receive = 4 sport utility vehicles
The total cost of the cars received by the District Height locations = $203,000
To answer the question, we proceed as follows;
Let, x represent the cost of each sedan and let y represent the cost of each sport utility vehicle
From the question, we have;
For the Capital Height locations
5·x + 2·y = 189,000...(1)
For the District Height locations
3·x + 4·y = 203,000...(2)
Making y the subject of both equations gives;
For equation (1) 5·x + 2·y = 189,000
y = (189,000 - 5·x)/2 = 94,500 - 2.5·x
y = 94,500 - 2.5·x
For equation (2) 3·x + 4·y = 203,000
y = (203,000 - 3·x)/4 = 50,750 - 0.75·x
y = 50,750 - 0.75·x
The solution is given by the point where both equations are equal, therefore, we have;
The solution for the x-values, is where 94,500 - 2.5·x = 50,750 - 0.75·x
Which gives;
94,500 - 50,750 = 2.5·x - 0.75·x
43,750 = 1.75·x
x = 43,750/1.75 = 25,000
x = 25,000
The cost of each sedan = x = $25,000
The y-value at the common x-value is the solution for the common y-values given as follows;
From y = 50,750 - 0.75·x, substituting, x = 25,000, gives;
y = 50,750 - 0.75 × 25,000 = 32,000
y = 32,000
The cost of each sport utility vehicle = y = $32,000
The evidence of the above answers are;
The total cost of the cars received by the Capital Height locations, C, is given as follows;
C = Cost of 5 sedans + Cost of 2 Sports utility vehicles
5 × 25,000 + 2 × 32,000 = 189,000
The total cost of the cars received by the Capital Height locations is $189,000 as given in the question
The total cost of the cars received by the District Height locations, D, is given as follows;
D = Cost of 3 sedans + Cost of 4 Sports utility vehicles
3 × 25,000 + 4 × 32,000 = 203,000
The total cost of the cars received by the District Height locations is $203,000 as given in the question
Therefore, we have the cost of each sedan is twenty five thousand dollars while the cost of each SUV is thirty two thousand dollars.