Difficulty: Medium
Average Score: 82%
Entry Exam
Passage / Scenario
A customer recently purchased a new car for $48,000, which is $2,000 less than twice the amount the customer's friend paid for their car. What is the amount that the friend paid for their car?
Correct answer
C
Rationale
Let x be the amount the friend paid for their car. According to the information given, 2x - 2000 = 48000. By solving this equation, we find 2x = 50000, x = 25000. Therefore, the friend paid $25,000 for their car. Thus, option C, $25,000, is the correct answer. The customer paid $48,000, which is $2,000 less than twice the amount the friend paid, confirming the calculation.