Practice & ContractsCâu 118 / 120
An owner sells a property for $360,000, which represents a 20% loss from what she originally paid. What did she originally pay?
a.$432,000
b.$450,000
c.$400,000
d.$300,000
Giải thích
If $360,000 is 80 percent of the original cost after a 20 percent loss, then the original price equals $360,000 divided by 0.80, which is $450,000. Loss percentages are figured on the original cost. Set the sale price equal to the cost times one minus the loss rate and solve.
Luyện miễn phí toàn bộ 120 câu hỏi — không cần đăng ký.
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