A car that costs a dealer $24,000 was sold for $28,800. At this rate what would be asked for a car that was $28,800?

Question

Its a complete algebra question. 

Answer 1

$28,800-$24,000=$4800 profit which is 4800/24,000=48/240=6/30=1/5=20/100=20% profit

the dealer wants to make 20% profit on any car he sells

if a car costs $28,800, he wants a profit of 20%*$28,800=0.2*28,800=$5760

add $5760 to the cost of $28,800; $28,800+$5760=$34,560

$34,560 would be the price asked for the car

or,...

100%+20%=120%=1.2 and 1.2*$28,800=$34,560 again