Answer:
kshs 6,480,000
Step-by-step explanation:
Since, kshs 240,000 represent the 3% of the car price, you can use a rule of three to calculate the amount that represents 100%:
240,000 → 3%
x → 100%
x=(240,000*100)/3
x=8,000,000
So, the price of the car is kshs 8,000,000 and you can calculate the 16% of this, to find the amount that the dealer had to pay as government V.A.T:
8,000,000*16%=1.280.000
Now, you can subtract the comission and the government VAT from the car price:
8,000,000-240,000-1,280,000=6,480,000
According to this, the answer is that the dealer remained with kshs 6,480,000 from the sale of the car.
