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Three years ago Laura bought a new car for $27,400. When she traded the car in to a dealer last week it was worth $15,618. Find the percent decrease in the car's value over the three year period. Round your answer to the nearest hundredth, if necessary.

Answer :

vidarshanaperera1979

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${teks-lihat-gambar} vidarshanaperera1979

The percentage decrement in car value over the three-year period will be 43%.

What is the percentage?

The percentage is defined as a given amount in every hundred. It is a fraction with 100 as the denominator percentage is represented by the one symbol %.

The percentage is also called the indicating hundredths. Thus, 2% is two-hundredth, which means 2%=2/100=0.02.

The percentage is just like the amount of that value but between 1 to 100 and it is very useful to predict for example if you say 678 then we have to know about the full number also but if you say 80% then it becomes clear.

Given,

Original price of car = $27400

Final price of car = $ 15618

Now,

Percentage decrement = [ change in value/original ] × 100

Percentage decrement = [ (original -final)/original ] × 100

So,

Percentage decrement = [ (27400 - 15618)/27400 ] × 100

Percentage decrement = 0.43 × 100

Percentage decrement = 43%

Hence, The percentage decrement in car value over the three-year period will be 43%.

For more about the percentage,

brainly.com/question/13450942

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