Question

The price of a car has been reduced by $525. If this reduction is the result of 5 equivalent drops in price, by what amount did the price of the car change each time?

a) $100
b) $105
c) $110
d) $115

Answer 1

The price of the car changed by $105 each time.

Step-by-step explanation:

To find the amount by which the price of the car changed each time, we need to divide the total reduction of $525 by the number of drops in price, which is 5.

Therefore, the price of the car changed by $525 / 5 = $105 each time.