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Answer:
The answer is 62% (B)
Explanation:
The easiest way to answer this is by simply doing $65,000 divided by $105,000. You'll get 61.9 but if you round it, you get 62% and that's how you get the answer.
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Percentage of lost in initial investment is 61.90%
Given that;
Amount lost = $65,000
Original investment = $105,000
Find:
Percentage of lost in initial investment
Computation:
Percentage of lost in initial investment = [Amount lost / Original investment]100
Percentage of lost in initial investment = [65,000 / 105,000]100
Percentage of lost in initial investment = 61.90%
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