SOLUTION: A car dealer tells you that the price of a new car is $20,000,which is the original price of the car plus a 5% sales tax and a 2% prep fee. Find the original price of the car

Algebra ->  Percentage-and-ratio-word-problems -> SOLUTION: A car dealer tells you that the price of a new car is $20,000,which is the original price of the car plus a 5% sales tax and a 2% prep fee. Find the original price of the car      Log On


   



Question 472091: A car dealer tells you that the price of a new car is $20,000,which is the original price of the car plus a 5% sales tax and a 2% prep fee. Find the original price of the car
Answer by josmiceli(19441) About Me  (Show Source):
You can put this solution on YOUR website!
Let x = the original price of the car
given:
+20000+=+x+%2B+.05x+%2B+.02x+
+20000+=+x%2A%28+1+%2B+.05+%2B+.02+%29+
+x+=+20000+%2F+%28+1+%2B+.05+%2B+.02+%29+
+x+=+20000+%2F+1.07+
+x+=+18691.59+