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Lunna [17]
3 years ago
7

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

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

---------------------------

Let the price he paid equal "x".

EQUATION:

x + 0.20x = 4680

1.2x = 4680

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

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Let the number of quarters be q.

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The value of a quarter is $0.25 and the value of a dime is $0.10. This means that:

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From (1):

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