Answer:
Loss = 43%
Step-by-step explanation:
Since, Kate bought home at $210,000
and sold at $120,000
So, She face a loss in selling home.
Percentage of Loss can be calculate as [tex]\frac{Old \ Value - New \ Value}{Old \ Value}\times 100[/tex]
⇒ Loss % = [tex]\frac{210,000-120,000}{210,000}\times100[/tex]
⇒ Loss % = [tex]\frac{90,000}{210,000}\times100[/tex]
⇒ Loss % = [tex]\frac{900}{21}[/tex]
⇒ Loss % ≈ 43%