The markup over dealers cost of a new car ranges from 13 to

The markup over dealer\'s cost of a new car ranges from 13% to 19%. If the sticker price is $25,000, over what range will the dealer\'s cost vary?

The dealer\'s cost ranged from $? to $?, inclusive.

(Note there two question marks for a reason, because are two answer to this question, furthermore, determine an expression for the dealer\'s cost. Use the properties of inequalities to determine the range the dealer\'s cost will vary)

Solution

Lower Bound = 1.13*25000 = $28250

Upper Bound = 1.19*25000 = $29750

So, Range will vary from $28250 to $29750