SOLUTION: An item decreased in value from $800 to $480 in four years. What is the ratio, written as a fraction, of the decrease in value to the original price?

Algebra ->  Customizable Word Problem Solvers  -> Misc -> SOLUTION: An item decreased in value from $800 to $480 in four years. What is the ratio, written as a fraction, of the decrease in value to the original price?      Log On

Ad: Over 600 Algebra Word Problems at edhelper.com


   



Question 1143709: An item decreased in value from $800 to $480 in four years. What is the ratio, written as a fraction, of the decrease in value to the original price?
Answer by ikleyn(52776) About Me  (Show Source):
You can put this solution on YOUR website!
.

Decrease = 800-480 = 320 dollars.


The ratio is  320%2F800 = 4%2F10 = 2%2F5.    ANSWER