I'm being a bit of a biff @ the moment and need a bit of help. Paul bought a car last year. It has lost 12.5% of it's value sincr then. It is now valued at Â£10, 500 How much did Paul pay for the car originally? Apparently the answer isn't Â£11812.50. I'm stuck. (or maybe I should clarify, my daughter is stuck).

Answer is 12000 when bought 10500 = 87.5% of the value when new 10500/87.5=120 120*100=12000 hope that helps

Well done Spaz, properly presented. Sixty - fail for you boy. Always show your workings otherwise I may think you have been a bit less than honest.

Thank you, thank you, thank you! The ironic thing is that that was one of the easier questions! Thanks again peeps.