PLEASE HELP A student at a university makes money by buying and selling used cars. Charles bought a used car and later sold it f

Question

3 years ago

7

or a 20% profit. If he sold it for $4560, how much did Charles pay for the car? Charles paid $ ? for the car.

1 answer:

Fed [463] · Answer 1 · 2022-08-06T08:37:02+03:00

Fed [463]3 years ago

5 0

Answer: Charles bought a used car and later sold it for a 20% profit. If he sold it for $4680, how much did Charles pay for the car?

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Let the price he paid equal "x".

EQUATION:

x + 0.20x = 4680

1.2x = 4680

x = $3900 (price he paid for the car.