Question 983560
Hi there,
100% - 10% = 90%
90% = #54000
1% = #54000/90
1% = #600
100% = #60000. (Original price)
If the man had sold it for #57600
#60000 - #57600
= #2400
#2400/#60000 x 100
= 4% loss.
Hope this helps