Solve. Round answers to the nearest cent.
-An automobile dealership recently reduced the price of a used sports car by 33%. If the price of the car was $ 30,400.00, find the sale price.
A)$10,032.00
B)$1003.20
C)$20,368.00
D)$29,396.80

Question

Quizplus · Accepted Answer

To find the sale price after a 33% reduction, we need to multiply the original price by 0.67 (100% - 33% = 67%).

Sale price = $30,400.00 x 0.67 = $20,368.00.

Therefore, the best choice is C, since it gives the correct sale price. To find the sale price, we need to multiply the original price by the percent decrease (100% - 33% = 67%). 
So, Sale price = $30,400 x 0.67 = $20,368.00. 
 
Rounding this to the nearest cent gives us $20,368.00, which is answer choice C. So, answer is C.

Solve. Round Answers to the Nearest Cent