Question 1106514
v, original value;


{{{54000<v}}};
{{{abs(54000-v)/v=0.10}}}

{{{(v-54000)/v=0.10}}}

{{{v-54000=0.1v}}}

{{{0.9v=54000}}}

{{{v=(10/9)*54000}}}

{{{v=60000}}}-------original value of the bicycle


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if he had sold it for #57600, what would have been his percentage loss or gain? 
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Still would be a loss, since less than 60000 # units.

{{{(60000-57600)/60000=fractionLoss}}}

Compute and multiply by 100 to get percent loss.