# albebra

The answer is the easy part, but how do I express it in an algebraic formula?

Ken purchased an investment property for 245,000 and sold it at a 12% loss. How much did he sell it for?

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1. He sold it for 88% of the purchase price (after commissions and expenses).

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2. Thanks drwls, I knew the answer, I just don know how to properly express it in an algebraic formula? Thanks

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