Question

Ed is a car salesman. he makes 1.5% commission on each car he sells. if he made $397.50 on the last car he sold,find the sales price of the car. ​

Answer 1

Answer:

$26,500.

Step-by-step explanation:

It is given that Ed is a car salesman. he makes 1.5% commission on each car he sells.

He made $397.50 on the last car he sold.

We need to find the sales price of the car.

Let x be the selling price of the car.

1.5% of x = $397.50

$x\times \dfrac{1.5}{100}=397.50$

$0.015x=397.50$

Divide both sides by 0.015.

$x=\dfrac{397.50}{0.015}$

$x=26,500$

Therefore, the sales price of the car is $26,500.