Question

A car dealership pays a wholesale price of $12,000 to purchase a vehicle.

During a special sales event, the dealership offers a 10% discount off of the retail price. After the discount, how much will a customer pay for this vehicle?

Answer 1

Given :- A car dealership pays a wholesale price of $12,000 to purchase a vehicle. During a special sales event, the dealership offers a 10% discount off of the retail price .

To Find :- After the discount, how much will a customer pay for this vehicle ?

Solution :-

→ Marked Price of vehicle = $12,000

→ Discount = 10%

we know that,

→ Selling Price = {Marked Price * (100 - Discount%)} / 100

Putting values we get,

→ SP = {12000 * (100 - 10)} / 100

→ SP = (12000 * 90) / 100

→ SP = $10800

Hence, The customer pays $10800 for this vehicle .

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