The marked price of a radio is Sh. 12600. If the shopkeeper can allow a discount of 15% on the marked price and still make a pro fit of 25%.At what price did the shopkeeper buy the radio?
1 answer:
Answer:
13388
Step-by-step explanation:
12600 will be 100% so we want to get at what price its sold when there is a 15%dicount
So will minus 15% from the 100% of the Mp
100%-15%=85%
so if 100%=12600
what about 85%=?
we crossmultiply
85%×12600/100%=10710
so10710 is what the radio will be sold if a 15% dicount is given but we want to get wat price the shopkeeper got in that he made a profit of25%
so if 100%=10710
what about 125%
125%×10710/100%=13387.5 which is 13388/=
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Step-by-step explanation:
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so the answer is
Answer:
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Step-by-step explanation:
Since this is simple interest the equation will be P*T*R=I T=time which is 1 year. P=money invested or borrowed (aka princable) which is 400$. R=Annual rate is 3% per year and I= Interest after the number of years (aka answer) Hope this helps :)
