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What is the principal of the fund with a loss of more than 20,000 yuan?
More than 80,000 yuan

20000/25% = 80,000 yuan

Buying a fund will not be a total loss. General fund losses to a certain extent will be liquidated. The liquidation line of most funds is 75%, that is, if they lose 25%, they will be liquidated and the remaining money will be returned to investors.