225k views
4 votes
A car depreciated by 25% during the first year. If the car was purchased for $28,000, what is the car worth today?

User Joeschwa
by
8.5k points

2 Answers

4 votes
$21,000 because 25% of 28,000 is 7,000. So subtract 7,000 from 28,000 to get 21,000.
User Namizaru
by
8.5k points
4 votes
28000(100-25)/100

28000(75/100)

28000(0.75)

$21000
User Mattias Ottosson
by
8.5k points

No related questions found

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.4m questions

12.2m answers

Categories