SOLUTION: Over four years the price of a car decreased from $40000 by 55%. What is the price of the car now?

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Question 828203: Over four years the price of a car decreased from $40000 by 55%. What is the price of the car now?
Answer by stanbon(75887) About Me  (Show Source):
You can put this solution on YOUR website!
Over four years the price of a car decreased from $40000 by 55%. What is the price of the car now?
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40000-0.55(40000) = 0.45*40000 = $18,000
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Cheers,
Stan H.
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