SOLUTION: A car dealer sells a SUV for $39,000, which represents a 25% markup over the dealers cost. What was the cost of the SUV to the dealer? I am getting an answer of $29,250, but the c

Algebra ->  Percentages: Solvers, Trainers, Word Problems and pie charts -> SOLUTION: A car dealer sells a SUV for $39,000, which represents a 25% markup over the dealers cost. What was the cost of the SUV to the dealer? I am getting an answer of $29,250, but the c      Log On


   

Question 261832: A car dealer sells a SUV for $39,000, which represents a 25% markup over the dealers cost. What was the cost of the SUV to the dealer? I am getting an answer of $29,250, but the correct answer is $31,200. How do you solve?
Thanks
Answer by richwmiller(17219) About Me  (Show Source):
You can put this solution on YOUR website!
1.25x=39000
31200 is right
29250 is 75% of 39000
.75*39000=29250