SOLUTION: The next model of a sports car will cost 12.5%less than the current model. The current model costs $54,000. How much will the price decrease in dollars? What will be the price of

Algebra ->  Finance -> SOLUTION: The next model of a sports car will cost 12.5%less than the current model. The current model costs $54,000. How much will the price decrease in dollars? What will be the price of      Log On


   



Question 1008100: The next model of a sports car will cost 12.5%less than the current model. The current model costs
$54,000. How much will the price decrease in dollars? What will be the price of the next model?

Answer by fractalier(6550) About Me  (Show Source):
You can put this solution on YOUR website!
Once again, you multiply to find 12.5% of $54,000 and get
.125($54000) = $6750 is the decrease
$54,000 - $6,750 = $47,250 is the price of the next model