Jim's father bought a new car 3 years ago for £50 400. He sold it last week for £30 240. What was the percentage loss? % Help please

Tonithy asked May 27, 2023

234,636 views

20 votes

Jim's father bought a new car 3 years ago for

£50 400. He sold it last week for £30 240. What
was the percentage loss? %
Help please

Tonithy asked May 27, 2023

3.8k points

Please log in or register to add a comment.

7 votes

30% of 50,400 = 30240.

Therefore the percentage loss is 30% over the course of 3 years.

3.3k points

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

3.3m questions

4.1m answers