Math Problem Statement

The sales of new cars at a dealership increased by 4% this year to 500. Find the number of sales the previous year.

Solution

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Math Problem Analysis

Mathematical Concepts

Percentage Increase
Algebra

Formulas

x + 0.04x = 500
1.04x = 500
x = 500 / 1.04

Theorems

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Suitable Grade Level

Grades 6-8