Question

A car has a base price of 23,800.00. Options cost 365.00 and 900.00 for a stereo, wheels and paint. Destination charges are 640.00 the dealer pays 82% of the base price and 75% of the options, determine the dealers cost

Answer 1

Answer:

The Amount paid by dealers is $20464.75    

Step-by-step explanation:

Given as :

The base price of car = $23,800

The option cost of car stereo = x = $365

The option cost of car wheels and paint = y = $900

Total option cost = $365 + $900

The charges of destination = $640

The Amount paid by dealer = 82% of total base price + 75% of total option cost

Let The Amount paid by dealers = $A

Now, According to question

The Amount paid by dealers =  82% of total base price + 75% of total option cost

i.e A = $\dfrac{82}{100}$ × total base price +  $\dfrac{75}{100}$ × total option cost

Or, A = $\dfrac{82}{100}$ × total base price +  $\dfrac{75}{100}$ × (x + y)

Or, A = $\dfrac{82}{100}$ × $23,800 +  $\dfrac{75}{100}$ × ($365 + $900)

Or, A = $\dfrac{82}{100}$ × $23,800 +  $\dfrac{75}{100}$ × $1265

Or, A = 82 × $238 +  75 × 12.65

Or, A = $19,516 + $948.75

Or, A = $20464.75

So, The Amount paid by dealers = A = $20464.75

Hence, The Amount paid by dealers is $20464.75       Answer