Question

You bought a car for $20,000. You have owned it for one year, and it is now worth $16,000. What is the percent decrease in your car's value?

Answer 1

the price decreased $4,000 so the percentage would maybe be 25%

Answer 2

If you divided it into fourths (the value for which you bought it),it would be 1/4 decrease which means 25 percent decrease.