A man bought an article for #50,000, and sold it for #35,000. what is the percentage lost

Mathematics

1 answer:

Lyrx [107]2 years ago

5 0

Answer:

30%

Step-by-step explanation:

Percentage loss is calculated as

$\frac{loss}{original}$ × 100%

loss = 50000 - 35000 = 15000, thus

percent loss = $\frac{15000}{50000}$ × 100% = 30%

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