The next model of a sports car will cost 12.6% less than the current model. The current model costs $58,000. How much will the price decrea will be the price of the next model?Decrease in price: $□Price of next model: $□
Q. The next model of a sports car will cost 12.6% less than the current model. The current model costs $58,000. How much will the price decrea will be the price of the next model?Decrease in price: $□Price of next model: $□
Calculate decrease in price: Calculate the decrease in price.To find the decrease in price, we need to calculate 12.6% of the current price of $58,000.Decrease in price = 100Percentage decrease * \text{Current price}
Perform calculation: Perform the calculation for the decrease in price.Decrease in price = 10012.6 * $58,000Decrease in price = 0.126 * $58,000Decrease in price = $7,308
Calculate price of next model: Calculate the price of the next model.To find the price of the next model, we subtract the decrease in price from the current price.Price of next model = Current price - Decrease in price
Perform calculation: Perform the calculation for the price of the next model.Price of next model = $58,000−$7,308Price of next model = $50,692
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