John bought the TV for . . . . $1,900
John sold the TV for . . . . . $750
John lost this much on the TV . . . (1,900 - 750) = $1,150
What fraction of the amount he paid did he lose ?
$1,150 / $1,900 = 0.6053 of the amount he paid never came back
What is this fraction as a percentage ?
0.6053 = 60.53 %
Rounded to one decimal place: <em>60.5 % </em>
John took a beating on that TV. I hope he got a lot of good use out of it while he had it.