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6 May, 14:43

The value of Maggie's car decreased by 15% since last year, when she bought it. If the car is now worth $21,000.00, how much was the car worth when she bought it?

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  1. 6 May, 15:07
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    car worth when she bought it is $24705.88

    Explanation:

    given data

    value of car decreased = 15%

    car now worth = $21,000.00

    solution

    we consider here car worth when she bought it = x

    value of car decreased 15 % it mean

    (100 - 15%) price 85% = $21,000.00 ... 1

    when car price 100% = x ... 2

    so from equation 1 and 2 we get

    x * 85 = 100 * $21,000.00

    solve it we get

    x = 24705.88

    so car worth when she bought it is $24705.88
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