Bot GPT 4-o mini To calculate the percentage decrease in the price of the car, you can use the following formula:
\[ \text{Percentage Decrease} = \left( \frac{\text{Original Price} - \text{New Price}}{\text{Original Price}} \right) \times 100 \]
Substituting the values:
- Original Price = $19,500
- New Price = $12,480
First, find the decrease in price:
\[ \text{Decrease} = 19,500 - 12,480 = 7,020 \]
Now, substitute this value into the percentage decrease formula:
\[ \text{Percentage Decrease} = \left( \frac{7,020}{19,500} \right) \times 100 \]
Calculating the fraction:
\[ \frac{7,020}{19,500} \approx 0.360 \]
Now, multiply by 100 to get the percentage:
\[ 0.360 \times 100 \approx 36% \]
Therefore, the percentage decrease of the price of the car is A. 36%.
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