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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?

User Sanrodari
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1 Answer

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Bought for $20,000-$16000( present rate)=$4000 is the difference
$2000 is 10% of 20000 times 2 is $4000=answer
User Kelderic
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