Answer:
We are given the initial price of a car and we are also told that the car sold for a 15% profit which means that the price that the car was sold for is 15% more than it's initial price. This is just a simple multiplication problem which we multiply the initial price by the total percentage plus 0.15
[tex]Sold\ Price = Initial\ Price *(Total\ Percentage+Profit\ Percentage)[/tex]
[tex]Sold\ Price = \$5200*(1+0.15)[/tex]
[tex]Sold\ Price = \$5200*(1.15)[/tex]
[tex]Sold\ Price = \$5980[/tex]
Therefore, our final answer is that the selling price was $5980
Hope this helps!
