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3 years ago

Mr. Tolin purchased a used car for $2,816, which was 12% off the asking price. What was the asking price of the used car?

Mathematics

1 answer:

Nina [5.8K]3 years ago

8 0

Answer:

Original price= $3,200

Step-by-step explanation:

Giving the following information:

Purchase price= $2,816

Discount rate= 12% = 0.12

<u>To calculate the original price, we need to use the following formula:</u>

Original price= purchase price / (1 - discount rate)

Original price= 2,816 / 0.88

Original price= $3,200

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