Answer:
$26,500.
Step-by-step explanation:
It is given that Ed is a car salesman. he makes 1.5% commission on each car he sells.
He made $397.50 on the last car he sold.
We need to find the sales price of the car.
Let x be the selling price of the car.
1.5% of x = $397.50
[tex]x\times \dfrac{1.5}{100}=397.50[/tex]
[tex]0.015x=397.50[/tex]
Divide both sides by 0.015.
[tex]x=\dfrac{397.50}{0.015}[/tex]
[tex]x=26,500[/tex]
Therefore, the sales price of the car is $26,500.
