At the end of the year, cars made in the current year are marked down to make room for next year's models. One particular model had a sticker price of $49,180 when it was new. It has just been marked down by 25%. What is the sale price of the vehicle?

Question

Mathematics

Saul Gaines

3 August, 17:25

At the end of the year, cars made in the current year are marked down to make room for next year's models. One particular model had a sticker price of $49,180 when it was new. It has just been marked down by 25%. What is the sale price of the vehicle?

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Answers (1)

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Mariah · Answer 1

Answer:The sale price of the vehicle is $36885

Step-by-step explanation:

One particular model had a sticker price of $49,180 when it was new. This means that the initial cost of the car was $49,180. It has just been marked down by 25%. This means the initial price of the car was reduced by an amount. The amount by which the initial price of the car was reduced would be

25/100 * 49180 = 0.25 * 49180 = $12295.

The sale price of the vehicle would be

49180 - 12295 = $36885