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# A car manufacturer produced a car at a cost of d dollars and

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A car manufacturer produced a car at a cost of d dollars and [#permalink]  17 Feb 2017, 06:43
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Question Stats:

74% (01:01) correct 24% (00:06) wrong based on 28 sessions

A car manufacturer produced a car at a cost of d dollars and sold it to a dealer at a price 20 percent higher than the production cost. If the dealer sold the car to a consumer for 15 percent more than the dealer paid for it, what did the car cost the consumer, in dollars?

A) 1.05d

B) 1.23d

C) 1.30d

D) 1.35d

E) 1.38d
[Reveal] Spoiler: OA

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Re: A car manufacturer produced a car at a cost of d dollars and [#permalink]  27 Feb 2017, 05:37
Expert's post
Explanation

Let us assume that the car was manufactured for $100. Price it was sold to dealer (@20% higher)= $$100 + 100 \times \frac{20}{100}$$ =$120.

Now dealer sells it @ 15% higher = $$120 + 120 \times \frac{15}{100}$$ = \$138.

We can see by putting d = 100. option E is correct.
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Re: A car manufacturer produced a car at a cost of d dollars and   [#permalink] 27 Feb 2017, 05:37
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# A car manufacturer produced a car at a cost of d dollars and

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