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by tanyajoseph » Fri Aug 24, 2007 12:13 am
In 1986 the book value of a certain car was 2/3 of the original price, and in 1988 its book value was 1/2 of the original purchase price. By what percent did the book value for this car decrease from 1986 to 1988?

A) 16 2/3%
B) 25 %
C) 33 1/3%
D) 50 %
E) 75 %
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by erdnah » Fri Aug 24, 2007 12:22 am
use can use numbers:
original price = 60

1986: book price: 40
1988: book price: 30

10/40 = 25% = B
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