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18 June, 16:54

A car dealership sells used cars for$7,000 and new cars for$1,600. If a total of 17 cars were sold for $191,000. How many of the cars sold were used?

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  1. 18 June, 18:13
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    Let x be the number of used cars; y be the number of new cars. Since there are two unknowns, we have to formulate two independent equations to be able to solve the problem. Although, I think that would be 16,000, and not 1,600. It is only logical that new cars are more expensive than used cars.

    (1) x + y = 17

    (2) 7000x + 16000y = 191000

    Solving these equations simultaneously:

    x = 17 - y (1)

    7000x + 16000y = 191000 (2)

    7000 (17-y) + 16000y = 191000

    y = 8 new cars

    Then, substituting this to equation 1,

    x = 17 - 8 = 9 used cars
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