document.write( "Question 1035249: Hi
\n" ); document.write( "a car salesman purchases 10 cars for 12000 dollars each. He sells 7 of them at a profit of 16 percent each. He wishes to sell the remaining 3 carsfor the same price each and at a price that will give him a 15 percent profit overall for the 10 cars.what price should he sell each of the remaining cars for.\r
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Algebra.Com's Answer #649952 by MathTherapy(10552) $\"\"$ $\"About$

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\n" ); document.write( "Hi
\n" ); document.write( "a car salesman purchases 10 cars for 12000 dollars each. He sells 7 of them at a profit of 16 percent each. He wishes to sell the remaining 3 carsfor the same price each and at a price that will give him a 15 percent profit overall for the 10 cars.what price should he sell each of the remaining cars for.\r
\n" ); document.write( "\n" ); document.write( "thank u
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Cost of the 10 cars @ $12,000 each: $120,000
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document.write( "A profit of 16% on each car means that selling price of 7 of the 10 cars was: $97,440
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document.write( "A profit of 15% on the 10 cars means that he wants to make 1.15(120,000), or $138,000
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document.write( "Since he sold 7 for $97,440, and wants to make a total of $138,000 on the 10, then he 
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document.write( "should sell each of the remaining 3 for:  \n" );
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