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College Algebra in Context with Applications for the Managerial, Life, and Social Sciences 3rd Edition by Ronald J Harshbarger, Lisa Yocco
Edition 3ISBN: 032157060XCollege Algebra in Context with Applications for the Managerial, Life, and Social Sciences 3rd Edition by Ronald J Harshbarger, Lisa Yocco
Edition 3ISBN: 032157060X Exercise 46
Step-by-step solution
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Step 1 of 3
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:
Step 2 of 3
Step 3 of 3
College Algebra in Context with Applications for the Managerial, Life, and Social Sciences 3rd Edition by Ronald J Harshbarger, Lisa Yocco
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