Question

The next model of a sports car will cost 11.5% less than the current model. The current model costs $59,000. How much will theprice decrease in dollars? What will be the price of the next model?

Answer 1

we are given that a car cost $ 59000 and the price will decrease by 11.56%, therefore, the amount it will decrease is equivalent to:

`59000*(11.56)/(100)=6820.4`

Therefore, the price will decrease by $6820.4. The total price will be then:

`59000-6820.4=52179.6`

Therefore, the price will be $52179.6