Question

An item was bought for £50. It was sold for £32. What was the percentage loss?

Please answer asap

Answer 1

Explanation:

100% = ₤50

x = ₤32

₤3200%= ₤50x

₤50. ₤50

x = 64%

100% - 64% = 36%

Answer 2

36% loss

Explanation:

To calculate percentage loss

`(loss)/(original)` × 100%

loss = £50 - £32 = £18, then

percentage loss =
`(18)/(50)` × 100% = 18 × 2 % = 36%