Answer:
0.8%.
Step-by-step explanation:
Given:
At the start of the month, the value of an investment was $73.42.
By the end of the month, the value of the investment changed by a loss of $13.53.
Question asked:
What was the value, in dollars, of the investment at the end of the month?
What was the percent loss?
Solution:
At the start of the month, the value of an investment = $73.42.
Loss = $13.53.
<u><em>The value, of the investment at the end of the month = The value of an investment at the start of the month - loss</em></u>
The value, of the investment at the end of the month = $73.42 - $13.53
= $59.89
Thus, the value, of the investment at the end of the month is $59.89.
Now, we will find percent loss:-
![Percent\ loss = \frac{Loss}{value\ of \ investment\ at \ start}](https://tex.z-dn.net/?f=Percent%5C%20loss%20%3D%20%5Cfrac%7BLoss%7D%7Bvalue%5C%20of%20%5C%20investment%5C%20at%20%5C%20start%7D)
![=\frac{59.89}{73.42} \\=0.81\%](https://tex.z-dn.net/?f=%3D%5Cfrac%7B59.89%7D%7B73.42%7D%20%5C%5C%3D0.81%5C%25)
Thus, percent loss on investment by the end of the month is 0.8%.