A car dealer purchases 12 new cars for $32,500 each.

And sells 11 of them at a profit of 5.5%

To find the selling price of the remaining car so that the average profit is at least 6% on the 12 cars:

The cost price of the 12 cars at $32,500 each as follows:

The selling price of the 12 cars at the profit of 6% is as follows: