Al's Awesome Autos advertised a special sale on cars - Dealer cost plus 5%!! jack and Margaret bought a luxury sedan for
$23,727.90.what was the dealers cost?

See Answers (1)

Accepted Answer

Dealer's Cost + another 5% of Dealer's cost = (1.05) Dealer's cost.(1.05) Dealer's cost = $23,727.90Divide each side by 1.05 :Dealer's cost = $23,727.90 / 1.05 = $22,598.00