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20 December, 08:48

You bought a boat for $10,000. you have owned it for one year, and it is now worth $8,50. what is the percent decrease in your boat's value?

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  1. 20 December, 09:00
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    Change in value = new price-original price

    Change in value=850-10000

    Change in value = - 9150

    %decreased=change in value/original price x 100

    %decreased = 9150/10000x100

    The answer is 91.5%
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