A man bought an old car and spent 20% of the cost of repairs. If his total cost including repairs was $ 1,20,000, at what price did he buy the car?

Question

A man bought an old car and spent 20% of the cost of repairs. If his total cost including repairs was $ 1,20,000, at what price did he buy the car?
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Solution 1

To solve this problem, we need to understand that the total cost of $120,000 includes the cost of the car and the cost of the repairs.

Step 1: We know that the cost of the repairs is 20% of the cost of the car. So, if we let the cost of the car be X, then the cost of the repairs is 0.20X.

Step 2: Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study prob

Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solv

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