Question

Joel’s car has depreciated by $ 39\% $ over the past few years. How much is his car worth today if he originally bought it for $\$ 25,689.46$?

Answer 1

Hint: To solve this question, we first need to find the $ 39\% $ of the original price, since the value of Joel’s car was depreciated by $ 39\% $ . Next thing we need is to find whether we should add this value or subtract this value from the original price. Since in the question, it is given as depreciated, we should subtract the value to get the final answer for the question.

Complete step by step solution:
Here is the step wise solution. The first and the foremost step is that we have to find the value of $ 39\% $ of the original value. To do this, we do the following step:
$\Rightarrow 25689.46 \times \dfrac{39}{100} = 10018.8894$
We took $\dfrac{39}{100}$ as $ 39\% $ is given as $\dfrac{39}{100}$.
Next step we have to do is to subtract this value from the original value since in the question, it is given as depreciated which means decreased. Therefore, we use subtraction.
Hence we do the following step:

$\Rightarrow 25689.46 - 10018.8894 = 15670.5706$

Therefore, we get the final answer for the question, ‘Joel’s car has depreciated by $39\% $ over the past few years. How much is his car worth today if he originally bought it for $\$25,689.46$ as $\$ 15670.5706$.

Note: Whenever you get this kind of question, you first need to find the value of the percentage given in the question. Read the question carefully to find out if you need to do subtraction or addition. Then you can easily solve these types of questions.