Problem

The next model of a sports car will cost $6.6 \%$ less than the current model. The current model costs $\$ 38,000$. How much will the price decrease in dollars? What will be the price of the next model?
Decrease in price:
Price of next model:
$\$$
$\$$

Answer

Expert–verified
Hide Steps
Answer

Final Answer: Price of next model: \(\boxed{35492}\)

Steps

Step 1 :Calculate 6.6% of the current price: \(0.066 \times 38,000 = 2,508\)

Step 2 :Subtract the decrease in price from the current price: \(38,000 - 2,508 = 35,492\)

Step 3 :Final Answer: Decrease in price: \(\boxed{2508}\)

Step 4 :Final Answer: Price of next model: \(\boxed{35492}\)

link_gpt