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The value of Maggie's car decreased by 25% since last year, when she bought it. If the car is now worth $15,000.00, how much was the car worth when she bought it

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  1. 8 July, 17:41
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    Answer: the car was worth $20000 when she bought it.

    Step-by-step explanation:

    Let x represent the worth of the car when she bought.

    The value of Maggie's car decreased by 25% since last year, when she bought it. It means that the amount by which it decreased is

    25/100 * x = 0.25x

    The value of the car after the loss in value would be

    x - 0.25x = 0.75x

    If the car is now worth $15,000.00, it means that

    0.75x = 15000

    x = 15000/0.75

    x = $20000
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