A car's value decreased from $15,000 to $12,000. What is the percentage decrease in its value?

A 20%

B 25%

C 30%

D 3,000%

✓ Correct Answer: Option A

Calculate the decrease: $15,000 - $12,000 = $3,000. Divide the decrease by the original value: ($3,000 / $15,000) = 0.2. Convert to percentage: 0.2 * 100% = 20%.

💡 Why is A) the correct answer?

The correct answer to the question "A car's value decreased from $15,000 to $12,000. What is the percentage decrease in its value?" is Option A: 20%.

The other options — B) 25%, C) 30%, D) 3,000% — are incorrect for this GED Exam Prep question. As explained above: Calculate the decrease: $15,000 - $12,000 = $3,000. Divide the decrease by the original value: ($3,000 / $15,000) = 0.2. Convert to percentage: 0.2 * 100% = 20%.

📚 About This GED Exam Prep Practice Question

This 3-level GED Exam Prep question from the Mathematical Reasoning topic is part of BrainForge Quiz's free exam preparation library. Each question includes the correct answer and a detailed explanation to help you understand the underlying concept, not just memorize the answer.

How to use this page: Read the question above, consider all four options (A through D), then check the highlighted correct answer and explanation. For active timed practice, start a free GED Exam Prep practice test or use flashcards for spaced repetition review.

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A car's value decreased from $15,000 to $12,000. What is the percentage decrease in its value?

✓ Correct Answer: Option A

📚 About This GED Exam Prep Practice Question

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