Question

A dealer purchased a car for $24,500 and marked it up 17%. What is the sticker price of the car?

Answer 1

$28,665

24500*.17+24500=28,665

Answer 2

Answer:

$28665

Step-by-step explanation:

Cost of car = $24500

Dealer marked it up 17%

So, Cost of the car is marked up by price = $17\% \times 24500$

Cost of the car is marked up by price = $\frac{17}{100} \times 24500$

Cost of the car is marked up by price = $4165$

So, The sticker price of the car = $24500+$4165 = $28665

Hence The sticker price of the car is $28665