If bill bought a home for $210,000 and he sold it a year later for $120,000 his percentage of loss is

Bill suffered a loss of 42.85%.

Step-by-step explanation:

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.