conceitedmimi6371 conceitedmimi6371
  • 25-10-2017
  • Mathematics
contestada

Alex originally paid $5200 for her car 1 year ago. The value of her car now is $4,420. What is the percent of decrease in the value of her car?

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leannfuller13
leannfuller13 leannfuller13
  • 26-10-2017
there is 15% lost in value
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JeanaShupp
JeanaShupp JeanaShupp
  • 28-06-2019

Answer: 15%

Step-by-step explanation:

Given: The original value of car : [tex]\$5,200[/tex]

The value of car after one year : [tex]\$4,420[/tex]

Now, the percent of decrease in the value of her car is given by :-

[tex]\dfrac{\text{Change in price}}{\text{Original price}}\times100\\\\\\=\dfrac{5200-4420}{5200}\times100=15\%[/tex]

Hence, the percent of decrease in the value of her car = 15%

Answer Link

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