Question 364132
A car generally depreciates 25% of its original price the first year. If a car is worth $27300 after the first year, what was it's original cost?

Hi

Let x = the original cost of car

Here's the equation

 (1 - .25)x = 27,300
      .75x  = 27,300
         x  = 27,300/.75
         x  = 36,400

The original cost of car was $36,400.
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Regards,
Roy A