one math story problem..............................?

Question

jon bought a car for $15, 416 three years ago. Today the value has decreased by 55%. What is the value of the car now?

can you gus please explain it to me please, I know its really easy but i just can think right now, and I really want to understand so thanks :D

Answer 1

what am i doin on dis i suck at math srry i should be da 1 askin questions

Answer 2

Hi buddy. Okay, so in order to figure out the value for today you'd just have to multiply the original value by .45 (45% beacuse the car is now worth that amount because 100%-55%= 45%). I think that there's some long equation thingy which would be the scientific way but this is the simple solution. Sorry I couldn't be of more help. =)

Answer 3

The value decreased by 55%, therefore the value now should be (100-55) = 45% of the original value.

Hence, (45/100) x 15,416 = $6,937.20

Answer 4

Hi,

I'm a math tutor. Here is how to do it:

you want to find out 45 percent of 15,416 dollars. that is the current value of the car. That is because we have 100 percent was 15,416, and the value decreased (got smaller) by 55 percent. so from that 100 percent we now have 100-55 is 45 percent value left.

Now we find out how much 1 percent is. That is 1/100th of 15,416. That is 154 dollars and 16 cents (1 hundredth of 15 thousand 416 dollars. That is 1 percent. Now we want to multiply that by 45, to get the 45 percent that is the value now. 154,16x45=6,397,20, so the answer is that the value is now 6 thousand 397 dollars and 20 cents.

Hope this helped!

Amaranth

Answer 5

The answer = $6937.20
_____________________________
1) Mutltiply the percentage in which the price has decreased (55%) by the original price ($15, 416) - 15, 416 X 55% = 847, 880
2) The product = the percentage in numbers (money.) Divide this by 100. - 847, 880 into 100 = $8478.80
3) Subtract this number from 15, 416 to get the answer. - 15, 416 - 8478.80 = 6937. 20.
ANSWER = $6937.20
____________________________
Hope this helps! :) :) :) (Happy New Year)

Answer 6

Since the value of the car decreased by 55%, it follows that the car is worth 100% - 55% = 45% that it is today.

All you have to do is multiply 0.45 by the price it was 3 years ago.

(0.45) x (15416) = $6937.20

Answer 7

If you think of the original purchase price as being 100% of the value, then the value today is 100% decreased by 55% = 45%.

To find today's value in dollars, just multiply the original purchase price by 0.45, which is the decimal equivalent of 45%. Below is one method for doing that.

Let VT = Value Today (In dollars), OV = Original Value (Purchase Price, also in dollars) and DV = % decrease in value.

Then VT = OV - OV x DV = ** ($15416) x (1.00 - 0.55) ** = ($15416) x (0.45) = $6937.20.

In the starred expression above, we factored out OV. Note that 1.00 - 0.55 = 0.45, the current percentage value of the car expressed as a decimal.

So, the current value of the car is $6937.20

Answer 8

15416 is 100% of the original car price or value...

value decreases by 55% leaves 45% of the original value 'still there'

What's 1% of 15416?

What's 45%?

Your answer...

Amaranth (posting about five posts down), I love your cute line about being a Math' tutor & then helpfully clarifying how to do it.

You then repeated what had been shown @ least twice or three times... but verbosely... if you're a Math' tutor, then why are you being so verbose for free? why not give the student the skeleton of the answer & credit her w/ the smarts to fill in the blanks?

Answer 9

15 416*(100-55)/100=6 937,2$

Answer 10

Ok. so since its value decreased by 55%, it is worth 45% of its original price (100% - 55% = 45%). we can calculate this by multiplying the original price by the percent (in decimal form)
$15416 * .45 = $6937.20

Answer 11

The value of the car is the part that has not depreciated away. So the current value of the car is:

(1 - .55)($15,416) = $6,937.20