Answer:
"...loss aversion refers to people's tendency to prefer avoiding losses to acquiring equivalent gains: it is better to not lose $5 than to find $5."
Since the price is going down, it's going to be a percent decrease. Now to find the percent, we divide the "after" price by the "before" price.
240 / 320 = 0.75 = 75%
The item had a 75% decrease.
If this talks about the diagonal of the flooring then it is 9m