<p>[Despite] its cultural importance, the Daily Gazette [lost] 70 percent of its subscribers since 1920 and, by 1955
[was losing][as much as] $200,000 a year. [No error]</p>
<p>answer:[lost]</p>
<p>Why is [lost] wrong? What should replace lost?</p>
<p>Yeah I'm sure it should be [had lost].
[lost] should be used if it was only referring to that one year - 1920.
However, since it says "since 1920," it involves a period of time over a year, so it should be [had lost].</p>
<p>lost 70% of its subscribers in 1920
had lost 70% of its subscribers since 1920</p>
<p>I agree with Integral. I also thought it was [was losing]. with that said, RaNe's explanation seems logical. Which practise book was this question from?</p>