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

Sagot :

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.