A damaged carpet which cost $180 when new, is sold for $100. What is the percentage loss?
Mathematics · High School · Tue Nov 03 2020
llm
Answered on
Given: New carpet cost = $180, Damaged Carpet cost = $100
Solution:
In order to determine the percentage lost, divide the damaged carpet cost with the new carpet cost
=100/180
=0.5555
Change the decimal into percentage form by multiplying it by 100.
=(0.5555)(100)
= 55.55%
The percentage lost is 55.55%