You bought a boat for $10,000. you have owned it for one year, and it is now worth $8,50 . what is the percent decrease in your

Question

olya-2409 [2.1K]

3 years ago

7

You bought a boat for $10,000. you have owned it for one year, and it is now worth $8,50 . what is the percent decrease in your

boat's value?

Mathematics

1 answer:

BaLLatris [955] · Answer 1 · 2022-05-22T11:17:16+03:00

BaLLatris [955]3 years ago

7 0

Change in value= new price-original price
Change in value=850-10000
Change in value= -9150
%decreased=change in value/original price x 100
%decreased= 9150/10000x100
The answer is 91.5%