SOLUTION: Due to depreciation the marked price of an old car was reduced by $6600 If the original marked price was $32000. Find the
(i) ratio by which the price was reduced and
(ii) rate
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(i) ratio by which the price was reduced and
(ii) rate
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Question 1117520: Due to depreciation the marked price of an old car was reduced by $6600 If the original marked price was $32000. Find the
(i) ratio by which the price was reduced and
(ii) rate of cent to the dollar of the reduction Answer by stanbon(75887) (Show Source):
You can put this solution on YOUR website! Due to depreciation the marked price of an old car was reduced by $6600 If the original marked price was $32000. Find the
(i) ratio by which the price was reduced
ratio of reduction = 6000/32000 = 6/32 = 3/16 = 3:16
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(ii) rate of cent to the dollar of the reduction
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Cheers,
Stan H.
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