A used truck is reduced by 48% of its new price. You know the used price is $14,799. Find the new price to the nearest dollar. *
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Given: A used truck is reduced by 48% of its new price. You know the used price is $14,799.
To find: We have to find its new value.
Solution:
Let the price of the truck is 100.
If it is decreased by 48% then 100 will decrease by 48 and the resultant new price will be (100-48=52).
But given that the new price will be $14799.
100 will be equivalent to $14799
52 will be equivalent to
So, the new price is $7695.
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