Respuesta :

Answer:

8 percent loss

Step-by-step explanation:

The percentage loss is -8%.

Given that,

  • The purchase price is $5.00.
  • And, the sale price is $4.60.

Based on the above information, the percentage loss should be

[tex]= \frac{\$4.60-\$5}{\$5}[/tex]

= -8%

Therefore we can conclude that the percentage loss should be -8%.

Learn more: brainly.com/question/2155156