Math Problem Statement

Delaney wants to sell her bicycle. The original price of the bike was $⁢450. The value of the bike has changed by −1/5 of the original price. What is the current value of the bike?

Solution

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Math Problem Analysis

Mathematical Concepts

Percentage Decrease
Fractional Change
Subtraction

Formulas

Decrease = (Fraction) × (Original Price)
Current Value = Original Price - Decrease

Theorems

Percentage Change Theorem

Suitable Grade Level

Grades 5-7