A buyer paid 52800 including the buyers premium for a car au
A buyer paid 52800, including the buyers premium, for a car auction. If the auction adds 10% buyers premium to the sale price of the car, then what was the sale price of the car?
A buyer paid 52800, including the buyers premium, for a car auction. If the auction adds 10% buyers premium to the sale price of the car, then what was the sale price of the car?
Solution
amount paid by buyer =52800
amount added in the auction
10%= 52800*10/100=5280
sale price of car= 52800-5280=47520
