Question

Cindy bought a car for $21,330. A few years later, she sold the car for $19,700. Find the percent of change in the value.

Answer 1

Given that

Cindy bought a car for = $21,330

later she sold it for = $19,700

loss on the car =$21,330 - $19,700

=$1630

let loss percentage. = X

By unitary method

$21,330---------------100%

$1630. ----------------x%

X = 7.64

Hence the percentage of change in value is 7.64%

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