A car's value decreases by 20% in its first year and then by a further 25% in its second year.
Liam says: "The car has lost 45% of its original value".
Is Liam correct?
You must show your working.
Practise OCR GCSE Maths Repeated Percentage Change with exam-style questions for Foundation and Higher tier. 56 questions, matched to the OCR GCSE Maths (J560) specification and written in the written papers style. Every question includes a full worked solution and mark scheme, so you can see where marks are awarded rather than just whether you got the answer right.