SOLUTION: Like brought a car for #2500 and sold it for #2250 what percentage loss did Luke made?

Algebra ->  Percentage-and-ratio-word-problems -> SOLUTION: Like brought a car for #2500 and sold it for #2250 what percentage loss did Luke made?      Log On


   

Question 954110: Like brought a car for #2500 and sold it for #2250 what percentage loss did Luke made?
Answer by macston(5194) About Me  (Show Source):
You can put this solution on YOUR website!
Loss=#2500-#2250=#250
(#250/#2500)(100%)=10% ANSWER: Luke took a 10% loss on the sale.