Katy just brought a brand-new 2009 Toyota Camry Hybrid FOR $30,000. Her car was traded in for $16,000. What fraction of the purchase price was not covered by the trade-in?

Question

Katy just brought a brand-new 2009 Toyota Camry Hybrid FOR $30,000. Her car was traded in for $16,000. What fraction of the purchase price was not covered by the trade-in?
30,000 -16,000 = $14,000.is the amount not covered.

Can you tell me what method to use or how to change $14,000. into a fraction?

Ms. Sue · Answer

14,000 / 30,000 = 0.466666 = 47%