justinToday
justinToday justinToday
  • 17-12-2018
  • Mathematics
contestada

A car bought $52,000 and sold for $42,000. The percentage lost is?

A.19%

B.25%

C.29%

D. 20%

Respuesta :

gmany
gmany gmany
  • 18-12-2018

Calculate the difference between purchase and sales costs:

$52,000 - $42,000 = $10,000

Calculate what fraction of $52,000 is $10,000:

[tex]\dfrac{\$10,000}{\$52,000}=\dfrac{10}{52}=\dfrac{5}{26}[/tex]

Transform it to the percent:

[tex]\dfrac{5}{26}=\dfrac{5}{26}\cdot100\%=\dfrac{500}{26}\%\approx19\%[/tex]

Answer: A. 19%

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