32) The value of the car has depreciated by ₱20,000. It is now worth ₱380,000. By how many percent did the value of the car decrease?a. 5% b. 10% c. 20% d. 25%
Answer (1)
To find the percent decrease[tex]\mathsf{Percent\ Decrease = \left( \dfrac{Amount\ of\ Decrease}{Original\ Value} \right) \times 100}[/tex][tex]\mathsf{Original\ Value = Current\ Value + Decrease = 380{,}000 + 20{,}000 = 400{,}000}[/tex][tex]\mathsf{= \left( \dfrac{20{,}000}{400{,}000} \right) \times 100}[/tex][tex]\mathsf{= 0.05 \times 100}[/tex][tex]\boxed{\mathsf{5\%\ decrease}}[/tex]Answer: a. 5℅
