Question

The next model of a sports car will cost 11.2% less than the current model. The current model costs $36,000. How much will the price decrease in dollars? What will be the price of the next model?

Answer 1

Answer:

The decrease in the price will be $4032

The price of the next model is $31968

Step-by-step explanation:

The current model costs $36,000.

The next model of a sports car will cost 11.2% less than the current model

So, decrease in price =$11.2\% \times 36000$

                                   =$\frac{11.2}{100} \times 36000$

                                  =4032

So, the price of next model decrease by $4032

So, the price of the next model= 36000-4032 =31968

Hence the price of the next model is $31968