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The price of a car has been reduced from $19,500 to $16,965. What is the percentage change of the price of the car?

User Brheal
by
6.6k points

1 Answer

4 votes
Hello!

Because the price has been reduced, this is a percent decrease.

To calculate the percentage decrease, we must use a certain formula. The formula is:

[(Old Value - New Value) / Old Value * 100]

Substitute:

[( 19,500 - 16,965) 19,500 * 100] = 13

FINAL ANSWER:

The percent decrease is 13%.
User Nick ODell
by
6.9k points
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