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Thank you for visiting Joe Dooley checked the internet to find the dealer s cost of a new truck He found that the dealer s costs were 14 772. This page is designed to guide you through key points and clear explanations related to the topic at hand. We aim to make your learning experience smooth, insightful, and informative. Dive in and discover the answers you're looking for!

Joe Dooley checked the internet to find the dealer's cost of a new truck. He found that the dealer’s costs were $14,772.60 for the base price and $833.00 for the options price. The destination charge was $250.00.

If the dealer’s costs are 87% of the base price and 85% of the options price, find the truck’s sticker price.

Answer :

Final answer:

To calculate the sticker price of the truck, we determine the base price and options price from the dealer's costs percentages. We then add these together with the destination charge to get the final sticker price which is approximately $18,199.20.

Explanation:

To find the truck’s sticker price, we need to calculate the base price and the options price before adding the destination charge. Joe Dooley found that the dealer's costs are 87% of the base price and 85% of the options price.

  1. Let the base price be $x. Since the dealer’s cost is 87% of the base price, we have 0.87x = $14,772.60. Solving for x gives us the base price.
  2. Let the options price be $y. Since the dealer’s cost is 85% of the options price, we have 0.85y = $833.00. Solving for y gives us the options price.
  3. After calculating x and y, we add them together and include the destination charge of $250.00 to find the sticker price.

Now we calculate:

  1. $x = $14,772.60 / 0.87 ≈ $16,969.20 (Base Price)
  2. $y = $833.00 / 0.85 ≈ $980.00 (Options Price)

Sticker Price = Base Price + Options Price + Destination Charge ≈ $16,969.20 + $980.00 + $250.00 ≈ $18,199.20

The truck’s sticker price is approximately $18,199.20.

Thank you for reading the article Joe Dooley checked the internet to find the dealer s cost of a new truck He found that the dealer s costs were 14 772. We hope the information provided is useful and helps you understand this topic better. Feel free to explore more helpful content on our website!

Rewritten by : Jeany

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