Ask Question
13 January, 01:42

Since Marnie has bought her car, the value has gone down 15%. If her car is 13000 right now, how much was it worth when she bought it?

+2
Answers (1)
  1. 13 January, 02:09
    0
    Percentage of depreciation of the car that Marie bought = 15%

    Present value of the car = 13000

    Let us assume that the value of the car at the time of buying = x

    So

    The percentage valuation of the car now = (100 - 15) percent

    = 85 percent

    Then

    (85/100) * x = 13000

    85x = 13000 * 100

    85x = 1300000

    x = 1300000/85

    = 15294.12

    So the actual cost of the car is 15294.12. I hope the procedure is clear enough for you to understand.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Since Marnie has bought her car, the value has gone down 15%. If her car is 13000 right now, how much was it worth when she bought it? ...” in 📘 Mathematics if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers