Mathematics for IGCSE & O level - Percentages (Section 6 - No. 18)

Françoise buys a car for $9500 and sells it a year later for $8300. What is her percentage loss?
12.6%
15%
10%
11%

Explanation

Percentage loss is calculated as (Loss / Cost Price) * 100. Loss is $9500 - $8300 = $1200. Therefore, percentage loss = ($1200 / $9500) * 100 = 12.6% (to 1 decimal place).

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