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mr Crozier bought a car last year. it has lost 12.5% of it's value since then.
It is now valued at £10500.
How much did he pay for the car?

2006-11-23 07:57:42 · 17 answers · asked by **Lilyanne** 3 in Science & Mathematics Mathematics

17 answers

The car is now 87.5% of original value. (100 - 12.5)

The original price was 10500/.875

2006-11-23 08:03:15 · answer #1 · answered by tj70555 2 · 0 2

Cost of the car last year = £x (which is equivalent to 100%.)
Percentage lost = 12.5%
Percentage now = 100-12.5 = 87.5% (which is equi. to £10500.)

Cost of the car last year = (100/87.5) x 10500 = £12000

2006-11-26 10:32:33 · answer #2 · answered by Kemmy 6 · 0 0

ok , i think i know how to do this .here goes .

10500=87.5%
to find 100% , you divide 10500 by 87.5 (120) , then multiply by 100 (12000) you have now found 100% .For questions like this , you MUST FIND 100% FIRST.Hope i helped you

2006-11-27 12:05:38 · answer #3 · answered by dancin_queen_355 2 · 0 0

The car lost 12.5 % of its value, so its present value is
(100 -12.5) = 87.5% of its original value.

We are also told that its present value is £10,500
So its original value was
10,500 x 100/87.5 = £12,000

2006-11-25 16:17:00 · answer #4 · answered by Anonymous · 0 0

x = amt paid for car
x - 12.5%x = 10500
x - .125x = 10500
0.875x = 10500
x = 10500/0.875
x = 12000

He paid 12000 for the car

2006-11-23 16:02:11 · answer #5 · answered by Anonymous · 0 0

We don't know how much he paid, we only know that he bought a car that was worth 12000 pounds a year ago.

2006-11-27 12:15:17 · answer #6 · answered by matchak 2 · 0 0

10500 = 87.5 %
X = 100%

X = 10500*100/87,5 = 12000
x=12000

2006-11-23 16:03:50 · answer #7 · answered by Anonymous · 0 0

The car's current value is 87.5% of its original value. Divide 10,500 by 0.875, and you'll have the answer. 12,000 pounds is correct.

2006-11-23 17:42:23 · answer #8 · answered by TitoBob 7 · 0 0

the car is now worth: $10500.00
12.5% * $10500.00: $1312.00
so than you have to add 1312 to 10500 to get $11812.5

2006-11-23 16:10:55 · answer #9 · answered by ag 3 · 0 1

Ooh, at a very rough quess, I'd say somewhere in the region of about £12,000 or so.

2006-11-23 20:23:59 · answer #10 · answered by JimboBimbo 2 · 0 0

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