Question

When purchasing her new car, Molly traded in her previous car, which was a Buick in good condition. The dealer offered her 80% of the listed trade-in value for her car, giving her a total of $1,340.80. What was Molly’s previous car

D.1998 Regal is the correct answer

Answer 1

1998 Regal
$1676 x 80% = $1340.80

Answer 2

Answer: The price of Molly's previous car was $1676.

Explanation:

Since we have given that

Molly traded in her previous car, which was Buick in good condition.

The dealer offered her 80% of the listed traded- in value for her car, giving her a total of $1340.80.

Let the price of Molly's previous car be 'x'.

According to question,

`(80)/(100)* x=\$1340.80\\\\x=(100)/(80)* 1340.80\\\\x=\$1676`

Hence, the price of Molly's previous car was $1676.