Question

Gino paid $25,000 for a new car.He sold the car six years later for $15,500.What is the percent change in selling price of the car

Answer 1

40%

Determine the starting value and ending value. ...
Subtract the ending value from the starting value. ...
Divide this number by the starting value. ...
Multiply by 100 to find the percentage change (Note: if the percentage is a negative, this means the percentage change is positive.)