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?

Answer 1

16458.75

Answer 2

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

Answer 3

Reiny is right.