Asked by Zaria Howard on Jun 06, 2024
Verified
A car dealer normally lists new cars at 22% above cost. A demonstrator model was sold for $17,568 after a 10% reduction from the list price. What amount did the dealer pay for this car?
Car Dealer
A business that sells new or used cars at the retail level, based on a dealership contract with an automaker or its sales subsidiary.
Demonstrator Model
A product, often vehicles, used for demonstrations and usually sold at a discount after serving its purpose.
- Assess the percentage change in price or value in various situations.
Verified Answer
KS
Learning Objectives
- Assess the percentage change in price or value in various situations.