Question 474147: Consumer experts advise us never to pay the sticker price for a car. A rule of thumb is to pay the sticker price minus 20% of the sticker price, plus $200. A car is purchased for $11,520 using the rule. What was the sticker price?
Found 2 solutions by stanbon, MathTherapy:
Answer by stanbon(75887)   (Show Source):
You can put this solution on YOUR website! Consumer experts advise us never to pay the sticker price for a car. A rule of thumb is to pay the sticker price minus 20% of the sticker price, plus $200. A car is purchased for $11,520 using the rule. What was the sticker price?
---
I assume you mean the buyer paid 11520
----
Add 200 to get 11720
---
Multiply by 1.2 to get $14064
================================
Cheers,
Stan H.
================
Answer by MathTherapy(10549)  (Show Source):
You can put this solution on YOUR website! Consumer experts advise us never to pay the sticker price for a car. A rule of thumb is to pay the sticker price minus 20% of the sticker price, plus $200. A car is purchased for $11,520 using the rule. What was the sticker price?
Let the sticker price be S
Since the sticker price is equivalent to 100%, and 20% is subtracted, then a buyer would pay 80% of the sticker price
Paying 80% of the sticker price, plus $200 would then give us: .8S + 200, and since the buyer paid $11,520, we will have:
.8S + 200 = 11,520
.8S = 11,320
S, or sticker price =  = $
Send comments and “thank-yous” to MathMadEzy@aol.com
|
|
|
