Question

A precision CD player costs $600 but was sold for $525 due to damage

. the percentage loss on the CD player​

Answer 1

12.5% (I think)

Explanation:

75 is the amount of money lost, and 75 is 12.5 percent of 600

Answer 2

12.5 percent decrease

Explanation:

Use the formula

new-old/old

525 is new price being sold

600 is old price being sold

525-600

-75/600

-1/8

-1/8= -0.125

0.125= 12.5 percent

so 12.5 percent decrease.