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polet [3.4K]
2 years ago
15

Grace and bill bought a vacation home for $182,000. a serious medical crisis forced them to sell at $110,000. what was their per

centage of loss?
Business
1 answer:
PIT_PIT [208]2 years ago
4 0

Their percentage of loss is 40%

Vacation home - serious medical expense = percentage of their loss

$182,000 - $110,000= $72,000

$72,000

The following formula is a common strategy to calculate a percentage:

  • Determine the total amount of what you want to find a percentage.
  • Divide the number to determine the percentage.
  • Multiply the value by 100.

Medical expenses are the charges to deal with or prevent damage or sickness, inclusive of medical health insurance charges, hospital visits, and prescriptions. these fees are tax-deductible within certain limits. for example, taxpayers with group medical insurance coverage are commonly now not allowed to deduct clinical prices.

Learn more about Medical expenses here: brainly.com/question/14000060

#SPJ4

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