contestada

A car dealer paid a certain price for a car and marked it up byt 7/5 of the price he paid. Later he sold it for 24000. What is the original price ?

Respuesta :

Answer: The original price wil be 10000.

Step-by-step explanation:

Let the original price be x

Let the marked price be given by

[tex]\frac{7}{5}\times x+x=\frac{12x}{5}[/tex]

so,

According to the question,

[tex]\frac{12x}{5}=24000\\\\x=\frac{24000\times 5}{12}\\\\x=10000[/tex]

so, the original price will be 10000.