Question

Jane Marko buys a car for $43,900.00. In three years, the car depreciates 48% in value. How much is the car worth in three years?

A. $22,828.00
B. $21,950.00
C. $21,072.00
D. $22,000.00

Answer 1

If it depreciates 48%, then its value is (100% - 48%) = 52%

52% of 43,900....
0.52(43900) = 22,828 <==

Answer 2

The car worth in three years is $22828 .

Option (A) is correct .

Explanation:

As given

Jane Marko buys a car for $43,900.00. In three years, the car depreciates 48% in value.

48% is written in the decimal form.

`= (48)/(100)`

= 0.48

Depreciates price = 0.48 × $43900

= $ 21072

Car worth in the three years = Original price of the car - Depreciates price

Putting the value in the above

Car worth in the three years = $43,900 - $ 21072

= $22828 .

Therefore the car worth in three years is $22828 .

Option (A) is correct .