Question

A new car that costs $17,500 loses 25 percent of its value in the first year. How much is the loss of the value.

Answer 1

$\bf \begin{array}{|c|ll} \cline{1-1} \textit{a\% of b}\\ \cline{1-1} \\ \left( \cfrac{a}{100} \right)\cdot b \\\\ \cline{1-1} \end{array}~\hspace{5em}\stackrel{\textit{25\% of 17500}}{\left( \cfrac{25}{100} \right)17500}\implies 4375$