John Marko buys a car $11,400.00. In three years the car depreciates 48% in value. How much is the car worth in three yoears?

Value of the car that John Marko buys = $11400.00

Percentage of depreciation in the value of the car in 3 years = 48%

Then

The amount of depreciation in the value of the car in 3 years = (48/100) * 11400

= 48 * 114

= 5472 dollars

The value of the car after 3 years = (11400 - 5472) dollars

= 5928 dollars.

So the value of the car after 3 years is $5928. I hope the procedure is simple enough for you to understand.

Hi

100% - 48% = 52%

11,400 ⇒ 100%

x ⇒ 52%

100x = 52 · (11,400)

100x = 592,800

x = (592,800) / 100

x = $ 5,928.00 ⇒ value of the car after 3 years

11,400 - 5,928 = $ 5,472.00 ⇒ depreciation in the value