The cost of car B will be £11,340 and the cost of car C will be £14,175.
The quantity of anything is stated as though it were a fraction of a hundred. A quarter of 100 can be used to express the ratio. Per 100 is what the term percent signifies. The symbol 'percent' is used to symbolize it.
A dealership is selling three cars.
Car A costs 20% more than car B.
Car A costs 4% less than car C.
The cost of car A is £13,608.
The cost of car B will be
⇒ £13,608 / (1 + 0.20)
⇒ £13,608 / 1.20
⇒ £11,340
The cost of car C will be
⇒ £13,608 / (1 - 0.04)
⇒ £13,608 / 0.96
⇒ £14,175
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