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You bought a car for $20,000. You have owned it for one year, and it is now worth $16,000. What is the percent decrease in your car's value?

You bought a car for $20,000. You have owned it for one year, and it is now worth $16,000. What is the percent decrease in your car's value?
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2 votes
You bought a car for $20,000. You have owned it for one year, and it is now worth $16,000. What is the percent decrease in your car's value?

asked
User John Williams
by
7.7k points

1 Answer

3 votes
I think it'd be 20%.. I could be wrong. 
answered
User Shivani Bajaj
by
7.4k points
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