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A car dealer paid a certain price for a car and marked it up by 7/5 of the price he paid. Later, he sold it for 24,000. What is the original price?

A car dealer paid a certain price for a car and marked it up by 7/5 of the price he paid. Later, he sold it for 24,000. What is the original price?
asked 89.6k views
5 votes
A car dealer paid a certain price for a car and marked it up by 7/5 of the price he paid. Later, he sold it for 24,000. What is the original price?

asked
User Loominade
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8.6k points

1 Answer

6 votes
approximately $17142.85
answered
User Definity
by
8.6k points
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