bill suffered a loss of 42.85%.
bill bought a home for $210000 and sold it for $120000 and we have to calculate the percentage loss he suffered.
as we know loss suffered = difference of sale price and cost price of the home.
total loss = 210000-120000 = $90000
now percentage loss =
= 9/21×100 = 3×100/7 = 42.85%
so the answer is 42.85% loss.