SOLUTION: A used-car dealer sells an automobile for $5,200 and makes a 30% markup on the deal. What did the dealer pay for the car?
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Question 213052: A used-car dealer sells an automobile for $5,200 and makes a 30% markup on the deal. What did the dealer pay for the car?
Answer by Earlsdon(6294) (Show Source): You can put this solution on YOUR website!
Let x = the dealer's cost, then:
Factor an x from the left side.
Divide both sides by 1.3
The dealer paid $4,000.00 for the car.
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