SOLUTION: A Car normally depreciates 30% of its original value in the first year . A car is worth $12,733 after the first year .What was its original value?

Algebra ->  Percentage-and-ratio-word-problems -> SOLUTION: A Car normally depreciates 30% of its original value in the first year . A car is worth $12,733 after the first year .What was its original value?      Log On


   



Question 512842: A Car normally depreciates 30% of its original value in the first year . A car is worth $12,733 after the first year .What was its original value?
Answer by geetha_rama(94) About Me  (Show Source):
You can put this solution on YOUR website!
Let X be the original value of the car.
X - 30X/100= 12733
X - 3X/10= 12733
7X = 127330
=> X = 18790
Original cost of the Car is $18790