A car dealership pays $8,350 for a car. They markup the price by 17.4% to get the retail price. What is the retail price of the

Question

2 years ago

5

car at this dealership? *

1 answer:

kompoz [17] · Answer 1 · 2022-05-27T22:57:27+03:00

Answer:

Therefore the retail price is $9802.90

Step-by-step explanation:

i) Payment for the car = $8,350

ii) Let the retail price = $x

iii) therefore sale price = $x = 8350 + $\frac{17.4}{100} \times 8350$

therefore x = 8350 $\times$ 1.174

therefore x = $9802.90

Therefore the retail price is $9802.90