The cost of next model car is $ 33136.
Step-by-step explanation:
Given,
The cost of current model car is $38000
The next model car is 12.8% less than the current model.
To find the cost of next model
Formula
If the price of object is $x and it decreases r% for next year, the value o the object for next year is = $ x×(100-r)%
So,
The cost of next model = $ 38000×(100-12.8)%
= $ 38000×87.2%
= $ 33136
