SOLUTION: 14. After having to pay increased income taxes this year, Edmond has to sell his BMW. Edmond bought the car for $49,000, but he sold it for a 20% loss. What did Edmond sell the car

Algebra ->  Percentages: Solvers, Trainers, Word Problems and pie charts -> SOLUTION: 14. After having to pay increased income taxes this year, Edmond has to sell his BMW. Edmond bought the car for $49,000, but he sold it for a 20% loss. What did Edmond sell the car      Log On


   

Question 705854: 14. After having to pay increased income taxes this year, Edmond has to sell his BMW. Edmond bought the car for $49,000, but he sold it for a 20% loss. What did Edmond sell the car for?


Answer by rfer(16322) About Me  (Show Source):
You can put this solution on YOUR website!
49000*0.80=$39,200