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# A car was listed with a price of $12,000. The price decreased by p% to $9600. What is the value of p ?

## The correct answer is: 20

### Given the original value = $12,000

The final value after P% decrement = $9,600

We get (100 - p)% of original value = The final value after P% decrement

(100 - p)% of 12,000 = 9,600

∴ P = 20

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