Question
The value of a car depreciates by 25% in a year. What will a car, currently priced at $43 000, be worth in a year's
The value of a car depreciates by 25% in a year. What will a car, currently priced at $43 000, be worth in a year's time?(7 marks)
(b) After a 15% reduction in a sale, the price of a good is $39.95. What was the price before the sale began?(7 marks)
(c) The number of passengers using a rail link fell from 190 205 to 174 989. Find the percentage decrease.(6 marks)
(Total: 20 marks)
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a The value of a car depreciates by 25 in a year So the value of the car after ...
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Financial and Managerial Accounting
Authors: Jonathan E. Duchac, James M. Reeve, Carl S. Warren
11th Edition
9780538480901, 9781111525774, 538480890, 538480904, 1111525773, 978-0538480895
