A museum has a 1/2 ounce piece of a precious metal. When the museum first received the piece, it had a value of $90. Its value has since decreased by 20%. What is the current value per ounce of the piece of metal?

A:$72.00

B: $144.00

C: $36.00

D: $180.00

Question

Desiree Baxter

10 December, 00:41

+4

Answers (1)

Know the Answer?

Graham Duke · Answer 1

Current value = 90 - (90 * 12%)

= 90 - (90 * 0.12)

= 90 - (10.8)

= 79.2

A museum has a 1/2 ounce piece of a precious metal. When the museum first received the piece, it had a value of $90. Its value has since decreased by 20%. What is the current value per ounce of the piece of metal?A:$72.00B: $144.00C: $36.00D: $180.00