Answer:
[tex] \boxed{ \bold{ \huge{ \boxed{ \sf{65.51\% \: }}}}}[/tex]
Step-by-step explanation:
Given,
Cost price of a car ( CP ) = $ 29,000
Selling price of a car ( SP ) = $ 10,000
Since , SP < CP, there is a loss.
Loss % = ?
First, Finding the loss amount
⇒[tex] \boxed{ \sf{loss = cost \: price \: - selling \: price}}[/tex]
⇒[tex] \sf{loss = 29000 - 10000}[/tex]
⇒[tex] \sf{loss = 19000}[/tex]
Loss amount = Rs 19000
Finding the loss %
[tex] \boxed{ \sf{loss \: percent = \frac{loss}{cost \: price} \times 100\%}}[/tex]
⇒[tex] \sf{loss \: \% \: = \frac{19000}{29000} \times 100\%}[/tex]
⇒[tex] \sf{loss \: \% \: = \: 65.51 \: \%}[/tex]
Loss percent = 65.51 %
Hope I helped!
Best regards!!
