wilson bought a boat for 250,000 dollars and was sold for 200,00 dollars. find the percentage loss. pls help me. i will mark you as branliest this is time limit quiz. pls. mary white if u are online pls help me
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wilson bought a boat for 250,000 dollars and was sold for 200,00 dollars. find the percentage loss. pls help me. i will mark you as branliest this is time limit quiz. pls. mary white if u are online pls help me .
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Answer:
SP of boat =$200,000
CP of boat =$250,000
Loss =CP - SP=$(250000-200000)=$50000
Loss% = loss/CP ×100%
=>50000/250000×100%
=>1/5×100%
=>20%
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