Question

A 32,000 new car left the parking lot. When it was brought back 3 years later

the car was worth 20,000. What is the percent of change in three years?

Please someone help anyone I really need this. Please show all the work step by step how to get it in paper

Answer 1

37.5% decrease

Explanation:

By using this formula: (New - Old) ÷ New

(20000 - 32000) ÷ 32000 = -12000/32000

-12000/32000 x 100 = -37.5% (Negative means decrease)