Question

Leo bought a used car for x dollars. one year later the value of the car was 0.88x. which expression is another way to describe the change in the value of the car?
A)0.12% decrease
B)0.88% decrease
C)12% decrease
D)88% decrease

Answer 1

Initial price of car = $x

After one year the price of car = $0.88x

to find the change in price we subtract the price after one year from initial price.

It means change in price = (x-0.88x)= 0.12x

By this we can easily see that , price dropped by 0.12

Or we can say that price dropped by 12%

So option C is the correct answer

C) 12% decrease