Question

I brought a car for 21,990 dollars the blue book value of the car is 43000 what is the percent of change between the blue book value and purchase price ?

Answer 1

Answer:

- 48.86% or a decrease of 48.86%.

Step-by-step explanation:

Considering the blue book value the original value and the purchase price the new value, the percent of change is:

P = (21,990 - 43000)/43000*100

P = -48.86%.

The percent of change is - 48.86% or a decrease of 48.86%.