Omar and Zina Aboud found that the dealer's cost of the base price was $16,558. 16 and the dealer's options cost was $611. 60. The consumer paid the $475. 00 destination charge. If the percent of the dealer's cost is 92% and the percent of dealer's options cost is 88%, find the car's sticker price

Question

11-04-2022
Mathematics

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Omar and Zina Aboud found that the dealer's cost of the base price was $16,558. 16 and the dealer's options cost was $611. 60. The consumer paid the $475. 00 destination charge. If the percent of the dealer's cost is 92% and the percent of dealer's options cost is 88%, find the car's sticker price

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abiolataiwo2015 abiolataiwo2015 · Answer 1 · 2022-04-13T14:32:29+02:00

Assuming the percent of the dealer's cost is 92% and the percent of dealer's options cost is 88%, The car's sticker price is: $17,644.76 and the dealer price is $16,246.72.

Car's sticker price and dealer's price

a. Car's sticker price:

Using this formula

Car's sticker price=Base price+Options cost+Destination charge

Let plug in the formula

Car's sticker price=$16,558. 16 + $611. 60+$475. 00

Car's sticker price=$17,644.76

b. Dealer price:

Dealer's price=Percent of base price+Percent of options cost+Destination charge

Let plug in the formula

Dealer price=16,558. 16+$611. 60+$475.00

Dealer price=$16,246.7152

Dealer price=$16,246.72 (Approximately)

Inconclusion the car's sticker price is: $17,644.76 and the dealer price is $16,246.72.

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