evemck2007 evemck2007
  • 11-02-2021
  • Mathematics
contestada

Rosie bought a car for £4000
3 years later, she sells it for £1400
What is the percentage loss that Rosie has made?

Respuesta :

samuelonum1
samuelonum1 samuelonum1
  • 16-02-2021

Answer:

65%

Step-by-step explanation:

Given data

Cost price= £4000

Selling price=  £1400

% loss= cost price-selling price/cost*100

% loss= 4000-1400/4000*100

% loss= 2600/4000*100

% loss= 0.65*100

% loss= 65%

Hence the %loss is 65%

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