SOLUTION: I have a car that is worth $11,795. It depreciated by 30% in the first year. What was the original value of the car?

Algebra ->  Percentage-and-ratio-word-problems -> SOLUTION: I have a car that is worth $11,795. It depreciated by 30% in the first year. What was the original value of the car?      Log On


   

Question 894356: I have a car that is worth $11,795. It depreciated by 30% in the first year. What was the original value of the car?
Answer by fcabanski(1391) About Me  (Show Source):
You can put this solution on YOUR website!
Call the original value x.


x(1-.30) = x(.7) = 11795


x = 11795/.7 = 16850