farsule786
farsule786 farsule786
  • 24-06-2022
  • Mathematics
contestada

Marcia bought a car for £34500 and sold it for £29700. what was her percentage loss?
can i have an explanation please :)

Respuesta :

MsAstraxia
MsAstraxia MsAstraxia
  • 24-06-2022

Answer:

cost of car = 34500

selling price = 29700

amount of loss = 34500 - 29700 = 4800

loss percentage = (loss amount ÷ cost price ) * 100

= 13.913 ≈ 14% loss

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