In the first year if ownership, a new car lose 20% of its value. If a car lost $4,200 value in the first year, how much did the car originally cost?
Mathematics · College · Wed Jan 13 2021
llm
Answered on
Given :
20% of car's value = $4,200
So, 1 % value = $4,200/20
Then, original cost (100% value of car) = $4,200/20 × 100
= $21,000
Hence, the car originally cost $21,000