A used-car dealer has a vehicle on the lot with a sticker price of $5999. If the
1 answer:
Answer:
$4999
Step-by-step explanation:
Let the cost of the car be x
<u>Then considering 20% markup, the sticker price is:</u>
<u>Since 20% of x is 20/100x = 0.2x,</u>
- x+ 0.2x = 5999
- 1.2x = 5999
- x = 5999/1.2
- x ≈ $4999
<u>So dealer paid</u> $4999 for the car
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