Answer: The cost of new SUV is $20,000.
Step-by-step explanation:
As per given , we have
The price of used SUV is $12000.
Also, She paid 60% of the price of a new SUV.
Let the price of the new SUV be x, then we have
60% of x = $12000
[tex]\Rightarrow\ \dfrac{60}{100}\times x =\$12000\\\\\Rightarrow\ x=\dfrac{\$12000}{60}\times100\\\\\Rightarrow\ x=\$20,000[/tex]
Hence, the cost of new SUV is $20,000.