A car depreciated (decreased in value) by 25% during the first year. If the car was purchased for $28,000, what is the car worth

Question

3 years ago

15

today
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1 answer:

astraxan [27] · Answer 1 · 2022-02-02T02:10:44+03:00

Answer:

$21,000

Step-by-step explanation:

The cost of car=$ 28,000

A car is depreciated by 25%

Now, the price of car=$28000(1-) $\frac{25}{100}$

The price of the car= $28000( $\frac{100-25}{100}$ )

The price of the car= $28000( $\frac{75}{100}$ )

The price of the car= $280×75

The price of the car= $21,000

The car worth today $21,000

Hence the correct answer is $ 21,000