Question

2

T
8. John buys a TV for $1900. He later sells it for
$750, Calculate his percentage loss, correct to
one decimal place

Answer 1

Answer: 60.5% loss

Explanation:

Loss = Cost Price – Selling Price =$1900-$750= $1150

% loss= Total loss/Cost price ×100

=1150/1900×100

=60.5%