Question

a car dealer buys a car for $500, gives it a clean new, is sold for $100. what is the percentage of loss​

Answer 1

Explanation:

1. Find decrease.

If the car dealer bought the car for 100$ and only received 100$ for selling the car, he had 400$ in disadvantage!

2. Caculate Percent Loss:

400/ 500*100=

400/5=

80

There was a 80% decrease from the starting value!

Answer: 80% decrease!