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Answered

Noli paid Php 1 500.00 for a mountain bike. After one year the value decreased by
Php 1200.00. By what percent has the mountain bike depreciated in value?
Solution:​

Sagot :

CELMAG0521IN

Answer:

20%

SOLUTION:

Base = 1,500

Percentage = 300

Rate = ?

Solve for Rate:

Rate = Percentage / Base

R = 300 / 1,500

R = .2 or 20%

1,500 - 300 = 1,200

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