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Last year, Nancy bought a mountain bike for $570. Her bike has depreciated since she bought it. It is now worth $410. What percent did the value of Nancy’s bike depreciate over …

Last year, Nancy bought a mountain bike for $570. Her bike has depreciated since she bought it. It is now worth $410. What percent did the value of Nancy’s bike depreciate over …
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Last year, Nancy bought a mountain bike for $570. Her bike has depreciated since she bought it. It is now worth $410. What percent did the value of Nancy’s bike depreciate over the past year? Round the the nearest whole percent.

User Marsel Novy
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1 Answer

6 votes
It’s worth about 72% of the original value so about a 28% depreciation over the year
User Dawana
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