Answer:
The selling price of the car is $31115.
Step-by-step explanation:
Given : A car dealer buys a new car for 24,500 the dealer then marks the cars price up 27%.
To find : What is the selling price of the car?
Solution :
A car dealer buys a new car for 24,500.
The dealer marks the cars price up 27%.
The increase in the price is ![24500\times 27\%](https://tex.z-dn.net/?f=24500%5Ctimes%2027%5C%25)
![=24500\times \frac{27}{100}](https://tex.z-dn.net/?f=%3D24500%5Ctimes%20%5Cfrac%7B27%7D%7B100%7D)
![=\$6615](https://tex.z-dn.net/?f=%3D%5C%246615)
Now, The selling price of the car is summation of initial price and increase in the price.
![SP=24500+6615](https://tex.z-dn.net/?f=SP%3D24500%2B6615)
![SP=\$31115](https://tex.z-dn.net/?f=SP%3D%5C%2431115)
Therefore, The selling price of the car is $31115.