Asked by T

Donna and Rod bought a new van at an end of year sale for dealer cost plus 5%. If they paid $17,325.00 what was the dealer cost in dollars?

Answers

Answered by Logan
16458.75
Answered by Reiny
I disagree with Logan's answer,
take 5% of it and add it to his answer, you will not get $17 325

the $17 325 represents 105% of the dealer cost

so dealer cost = 17325/1.05 = $16 500
Answered by Simon
Reiny is right.

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