Problema Solution
Wally Chin, the owner of an ExxonMobil station, bought a used Ford pickup truck, paying $2,000 as a down payment. He still owes 80% of the selling price. What was the selling price of the truck?
Answer provided by our tutors
let 'x' represent the selling price
x - 2000 = 0.80x
by solving we find:
x = $10,000
click here to see the step by step solution of the equation:
the selling price of the truck is $10,000.