Mike wants to buy a new car. He has chosen a red car for $35000. To be able to pay this price, he needs to loan part of the money from the bank, at a rate of 15%. How much money in total will Mike need to pay for the car, if he has to take $20000 from the bank?
The rate of the loan is 15%, which means Mike needs to give the bank an additional 20000 * 15/100 = $
<gadget id="calculator">20000*15/100</gadget>
<output>3_000</output>
3000.
So the car will cost him 35000 + 3000 = $
<gadget id="calculator">35000+3000</gadget>
<output>38_000</output>
38000.

<result>38_000</result>