A new car has a list price of 39,500. Suppose that the dealer markup on this car is 10%. What is the dealer's cost.
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List price of car Rs 39500
Dealers profit is 10%
Cost price = 39500*100/110=35909
Dealer's cost is Rs 35909
Dealers profit is 10%
Cost price = 39500*100/110=35909
Dealer's cost is Rs 35909
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10% = 39,500
10% = 100/19X 39,500
= 395,000 Answer
10% = 100/19X 39,500
= 395,000 Answer
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