2022 EOY BSS P1 Q8
2022 EOY BSS P1 Q8
4 marks
A new car costs \(\$ 120 \ 000\). After one year, it is worth \(\$ 108 \ 000\).
Find the percentage decrease in the value of the car.
[2]Chery invested \(\$6000\) in a bank that gave interest of \(2\%\) per annum.
Find the simple interest Chery received after a period of \(9\) months.
[2]
Solution:
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Answer:(a) \(10\%\) decrease. (b) \(\$90\).
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