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Roberto buys a toy for $5.00. He then sells it for $4.60. Calculate his percentage loss.

Sagot :

Answer:

8 percent loss

Step-by-step explanation:

The percentage loss is -8%.

Given that,

  • The purchase price is $5.00.
  • And, the sale price is $4.60.

Based on the above information, the percentage loss should be

[tex]= \frac{\$4.60-\$5}{\$5}[/tex]

= -8%

Therefore we can conclude that the percentage loss should be -8%.

Learn more: brainly.com/question/2155156

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