math_celebrity Administrator Staff member Mar 20, 2017 #1 A car is bought for $2400 and sold one year later $1440 find the loss as a percentage of the cost price. (2400 - 1440)/2400 960/2400 0.4 As a percentage, we multiply by 100 to get 40%

A car is bought for $2400 and sold one year later $1440 find the loss as a percentage of the cost price. (2400 - 1440)/2400 960/2400 0.4 As a percentage, we multiply by 100 to get 40%