SOLUTION: I had this question on my assignment and I only got 2/4 marks for it. We are having a test tomorrow and I still don't know what I did wrong. Can anybody help me?
Kayla bought a co
Question 1099806: I had this question on my assignment and I only got 2/4 marks for it. We are having a test tomorrow and I still don't know what I did wrong. Can anybody help me?
Kayla bought a concert ticket for $145, but was unable to go, so she sold it for $120. Calculate Kayla's profit or loss as a percentage of cost price of the ticket, correct to 2 decimal place.
I put: 145-120=$25
25/145*100=17.24% Found 2 solutions by Alan3354, ikleyn:Answer by Alan3354(69443) (Show Source):
Your answer 17.24% and your calculations describe the PROFIT, while actually the LOSS takes place.
You EITHER should say in your answer that 17.24% is the LOSS,
OR write the solution in this way = -17.24$, and then the sign "-" (minus) at the number will mean the loss.
You didn't answer the question correctly, isn't it ?
