Question

1994/8

A House bought for 100,000.00 was later
auctioned for N 80,000.00. Find the loss percent
A 20% B. 30% C. 40% D.50% E.60%​

Answer 1

20%

Explanation:

100,000-80,0000= 20,000

Take away the zeroes, and

100-80=20

20 is 20% of 100