Answer:
Cost = RM 857143
Loss = RM 107143
Step-by-step explanation:
<u>Given:</u>
- Selling price SP = RM 750000
- Loss% = 12.5
- Cost price CP = x
<u>Cost price is found as:</u>
- SP = CP - 12.5%
- 750000 = x - 12.5%
- 750000= x*(100-12.5)/100
- 750000= 0.875x
- x= 750000/0.875
- x≈ RM 857143
<u>Loss is:</u>
- RM 857143 - 750000 = RM 107143
The sale price is 120 and he will get and i think he makes $12 commission
I think it might be the second option
