The Martin family sells their car to a dealer for an unknown amount of money, m. the dealership then sells the car to the Kay family for 35% more than they paid for the car, plus $250 in administration fees. Which expression represents the percent of the dealership profits that are the administration fees.

a. 250/.35m+250
b. 250+m/.035m
c. 250+.35m/m
d. 250/.35m

Question

The Martin family sells their car to a dealer for an unknown amount of money, m. the dealership then sells the car to the Kay family for 35% more than they paid for the car, plus $250 in administration fees. Which expression represents the percent of the dealership profits that are the administration fees.

a.	250/.35m+250
b.	250+m/.035m
c.	250+.35m/m
d.	250/.35m

anonymous · Answer

the answer would be "d". For profit of dealer: (m+.35m)-m = .35m