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2 years ago

A car dealer's markup on every car they sell is 20%. For what price did the dealership buy a car that they sold for $18,600?

Mathematics

1 answer:

elena-s [515]2 years ago

8 0

Answer:

buying price = $15,500

Step-by-step explanation:

selling price 20% more than the buying price

let the buying price be 100% then;

selling price = 120%

120% = $18,600

100% = ?

(100 × 18600) ÷ 120

= $15,500

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