In 2000, the book value of a car was 2/3rd of the original purchase price, and in 2004, its book value was 1/2 of the original purchase price. By what percentage did the value of the car decrease from 2000 to 2004.

In 2000, the book value of a car was 2/3rd of the original purchase price, and in 2004, its book value was 1/2 of the original purchase price. By what percentage did the value of the car decrease from 2000 to 2004. Correct Answer 25%

In 2000, the book value of a car was 2/3rd of the original purchase price, and in 2004, its book value was 1/2 of the original purchase price. By what percentage did the value of the car decrease from 2000 to 2004. Let the original price be P. Value in 2000 = 2P/3 Value in 2004 = P/2 So, percentage of decrease in value = (2P/3 - P/2) / (2P/3) x 100% = 25%
Bissoy MCQ

Related Questions

Seven people A, B, C, D, E, F and G live on separate floors of a 7-floor building. Ground floor is numbered 1, first floor is numbered. 2 and so on until the topmost floor is numbered 7. Each one of these having a different cars-Cadillac, Ambassador, Fiat, Maruti, Mercedes, Bedford and Fargo but not necessarily in the same order. Only three people live above the floor on which A lives. Only one person lives between A and the one having a car Cadillac. F lives immediately below the one having a car Bedford. The one having a car Bedford lives on an even-numbered floor. Only three people live between the ones having a car Cadillac and Maruti. E lives immediately above C. E is not having a car Maruti. Only two people live between B and the one having a car Fargo. The one having a car Fargo lives below the floor on which B lives. The one having a car Fiat does not live immediately above D or immediately below B. D does not live immediately above or immediately below A. G does not have a car Ambassador. Question : How many people live between the floors on which D and the one having a car Bedford ?
A shopkeeper has 11 books of same cost price. He sells the first book at certain price, then he sells second book at a price which is Rs. 1 less than the selling price of first book and then he sells third book at a price which is Rs. 1, less than the selling price of second book. Following this pattern, he sold all 11 books. If he sells sixth book at its cost price. Find the over-all percent profit or loss on selling all 11 books = ?
Ten books are arranged in a row following a certain sequence. Among them 3 are History , 3 are Economics, 2 are Maths and 2 are English. From the left, there is an English book between a History and Maths book, a history book between a Maths and an English book, an Economics book between an English and a Maths Book. a Maths book between two Economics books and two Economics two Economics book between a Maths and a History book. Book of which subject is at the sixth position from the left?
Ten bools are arranged in a row following a certain sequence.Among them 3 History,3 are Economics, 2 are Math's and are English.From the left,There is English book between a History and Math's book, a History book between a Math's and an English book, an Economics book between an English and a Math's Book Math's book between two Economics books and two Economics book between Math's and a History book.Book of which subject is at the sixth position from the left?
At a certain bookstore , the regular price of each book is 20 percent less than its list price. If during a sale the price of each book at the store was 15 percent less than its regular price, then the price of a book during the sale was what percent less than its list price ?
2000 সালে কোন কারখানায় উৎপাদিত দ্রব্যের পরিমাণ ছিল 120 টন। 2004 সালে তা গিয়ে দাঁড়াল 123 টনে। তাহলে 2000 সালের তুলনায় 2004-এর পরিমাণ সূচক সংখ্যা কত?
Which of the following are true regarding equinoxes?
1. They occur on March 21st and September 23rd
2. They depict equal days and equal nights on March 21st and September 23rd on all places of the earth
3. All places on the earth have equal temperature during equinoxes.
Probir bought a car and paid 10% less than the original price. He sold it with 30% profit on the price he had paid. What percentage of profit did he earn on the original price?
The owner of Aarong starts to calculate the percentage of customers who purchase Tagas. if 40% of the total customers who visit the store actually purchase goods and 15% of them purchase tagas, then what percentage of Aarong's customers are Taga buyers?
During the Year 2004, the income from subscription was Rs. 4,500, subscription received in advance Rs. 360. On 31st December 2004, the outstanding subscription was Rs. 140. The amount of subscription to be shown in Receipts and Payments a/c for the year 2004 would be