Question

Jason decided to look at new trucks. Jason found a used truck for 34,000 dollars. A new truck is 40,000 dollars so what percent of the rice of a new truck does Jason use for a used truck

Answer 1

Percent of rise of a new truck on a used truck = 15%

Explanation:

Let x be the percentage of saved money if Jason buying a used truck.

Given:

Price of the used truck = $34,000

Price of the new truck = $40,000

We need to find the percent of rise Jason saves on a used truck rather than buying a new truck

Solution:

Using a percentage formula.

`percentage\ cost = ((100-x))/(100)* Original\ cost`

Substitute Percentage cost = 34,000 and Original cost = 40,000 in above formula.

`34000 = ((100-x))/(100)* 40000`

`34000 = (100-x)* 400` (
`(40000)/(100)=400`)

Using cross multiplication rule.

`(100-x)=(34000)/(400)`

`85=100-x`

`x = 100-85`

x = 15%

Therefore, Jason used 15% rise of a new truck for a used truck.