Question

A 2-door sedan sticker shows a base price of $12,130.00, with options totaling $2,623.00 and a $515.00 destination charge. Consumer Reports shows the dealer cost at about 93% of the base price and 97% of the options. What is the dealer’s cost?

Answer 1

(12,130×0.93)+0.97×(2,623)+515
=14,340.21

Answer 2

Answer: The dealer's cost is $14340.21.

Step-by-step explanation:

Since we have given that

Base price of a 2-door Sedan sticker = $12130.00

Total of options cost = $2623.00

Destination charges = $515.00

According to question, there is cost taking  93%  of the base price and 97% of the options.

So, it becomes,

$\dfrac{93}{100}\times 12130+\dfrac{97}{100}\times 2623+515\\\\=0.93\times 12130+0.97\times 2623+515\\\\=11280.9+2544.31+515\\\\=\ 14340.21$

Hence, The dealer's cost is $14340.21.