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A man bought a car for $8,200 and sold it for 80% of the price two years later. How much did he lose?

A man bought a car for $8,200 and sold it for 80% of the price two years later. How much did he lose?
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2 votes
A man bought a car for $8,200 and sold it for 80% of the price two years later. How much did he lose?

User Shafraz
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2 Answers

5 votes
the man lost 1640 dollars
User Jonathon Horsman
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8.2k points
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cost price of the car is $ 8200. Selling price is 80% which is 8200  x(80/100) = $ 6560  . So he lost (8200 - 6560= $1640
User Spspli
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