SOLUTION: Kyle bought a boat at 4500. Five years later he sold it for 3600. What percent of the purchase price did Kyle lose

Algebra ->  Coordinate Systems and Linear Equations  -> Linear Equations and Systems Word Problems -> SOLUTION: Kyle bought a boat at 4500. Five years later he sold it for 3600. What percent of the purchase price did Kyle lose       Log On


   



Question 426980: Kyle bought a boat at 4500. Five years later he sold it for 3600.
What percent of the purchase price did Kyle lose

Answer by Gogonati(855) About Me  (Show Source):
You can put this solution on YOUR website!
Solution:Kyle lose: %284500-3600%29%2F4500=0.20=+20%