Morgan paid $ 200 for a printer. Additionally he paid $ 40 as transportation charges. He sold it a year later for $ 120, when he decided he wanted a newer model.a. What loss was made?b. Express the loss as a percentage of the cost price.

Morgan paid $ 200 for a printer. Additionally he paid $ 40 as transpor

1.	Morgan paid $ 200 for a printer. Additionally he paid $ 40 as transportation charges. He sold it a year later for $ 120, when he decided he wanted a newer model.a. What loss was made?b. Express the loss as a percentage of the cost price.
Answer» Morgan paid $$$ 200 for a printer. Additionally he paid $$$ 40 as transportation charges. He sold it a year later for $ 120, when he decided he wanted a newer model. a. What loss was made? b. Express the loss as a percentage of the cost price.

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Morgan paid $ 200 for a printer. Additionally he paid $ 40 as transportation charges. He sold it a year later for $ 120, when he decided he wanted a newer model.a. What loss was made?b. Express the loss as a percentage of the cost price.

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