Point G is on line segment FH. Given FH = 5x + 2, GH = 5x – 9, and
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Answer:
5% loss
Step-by-step explanation:
2000 is the cost price of the shopkeeper. This is after a 20% discount, so the before-discount price would be:
20% reduced of what number is 2000?
We let that price be x, so we can write an equation and solve:
x - 20% of x = 2000
Note: 20% = 20/100 = 0.2
So,
x - 0.2x = 2000
0.8x = 2000
x = 2000/0.8
x = 2500
Now, if he were to sell for 600 less, that would be:
2500 - 600 = 1900
That would be a 2000 - 1900 = 100 LOSS
To find as a percentage, we use the formula:
Where
New = 1900
Old = 2000 (original cost)
Substituting, we find the percentage:
So, that's a 5% loss