Question

If the dealership paid $28,450 for a car and they wanted to get 5% over their cost, how much would they need to sell the car for?

Answer 1

You would first find 5% of $28,450:
$28,450 x (5/100) = $1422.50

Then add this to the base amount:
$28,450 + $1422.50 = $29872.50 To get a profit of 5%, which is our first answer, $1422.50

:) Hope this helped!

Answer 2

ou would first find 5% of $28,450:
$28,450 x (5/100) = $1422.50

Then add this to the base amount:
$28,450 + $1422.50 = $29872.50 To get a profit of 5%, which is our first answer, $1422.50