A new car costs $127000. After one year, it's value is 119380$. Find the percentage decrease in the value of the car.
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Answer:
Step-by-step explanation:
Given that the cost of the car=$127000
After 1 year its value=$119380
So decrease in value=127000-119380
=$7620
So the percentage decrease in value
=(Decrease in value/original value)×100%
=(7620/127000)×100%
=(762000/127000)%
=762/127%
=6%
So, percentage decrease in the cost of car is 6%.
Hope you got it. And it helps you.
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