Using a system of equations, it is found that the selling price of each car was:
<h3>What is a system of equations?</h3>
A system of equations is when two or more variables are related, and equations are built to find the values of each variable.
In this problem, the variables are given by:
- Variable x: Selling price of the first car.
- Variable y: Selling price of the second car.
Considering the total profits, and the profit of each car, we have that:
0.4x + 0.35y = 3950.
Cameron paid for the first car was $4,000 less than the price for the second car, hence:
x = y - 4000.
Hence, replacing in the first equation:
0.4(y - 4000) + 0.35y = 3950.
0.75y = 5550
y = 5550/0.75
y = $7,400
x = 7400 - 4000 = $3,400.
Then, the selling prices are given as follows:
More can be learned about a system of equations at brainly.com/question/24342899
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