Mr and Mrs Samuel bought a generator for £120000, they sold it for £80000.what is their percentage loss

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facomputers2015 facomputers2015

02-07-2024
Mathematics

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Mr and Mrs Samuel bought a generator for £120000, they sold it for £80000.what is their percentage loss

Sagot :

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durban1243 durban1243 · Answer 1 · 2024-07-02T14:23:59-04:00

Answer: 33.33%

Step-by-step explanation: Mr. and Mrs. Samuel sold the generator for £40,000 less than the purchase price. This loss represents 33.33%33.33% of the original purchase price of £120,000, indicating that they sold the generator for about one-third less than what they paid for it. This calculation helps understand the magnitude of their financial loss in relative terms to the initial investment.

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