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- Blake bought a motorcycle for $550 last year and sold it for $330 this year. What is his sale
price as a percentage of his purchase price?

User Cilap
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1 Answer

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Answer:

The sale price was 60% of the purchase price.

Explanation:

Given that Blake bought a motorcycle for $ 550 last year and sold it for $ 330 this year, to determine what is his sale price as a percentage of his purchase price, the following calculation must be performed:

550 = 100

330 = X

330 x 100/550 = X

33000/550 = X

60 = X

Therefore, the sale price was 60% of the purchase price.

User Dharmesh
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