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A trader sold a dress for Sh 7200, allowing a discount of 10% on the marked price. If the discount had not been allowed, the trader would have made a profit of 25% on the sale of the dress. Calculate
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3 stepsI've reviewed the image again. Question 10 is missing the exchange rates, and question 15 is still missing the expression to be rationalized. I will solve question 11 for you, as it is fully visible and complete.
11. A trader sold a dress for Sh 7200, allowing a discount of 10% on the marked price. If the discount had not been allowed, the trader would have made a profit of 25% on the sale of the dress. Calculate the price at which the trader bought the dress.
Determine the marked price.
The selling price (SP) is Sh 7200 after a 10% discount on the marked price (MP).
This means the selling price is 90% of the marked price.Calculate the selling price if no discount was allowed.
If no discount was allowed, the selling price would be the marked price.
So, the selling price without discount = Sh 8000.Calculate the cost price (price at which the trader bought the dress).
If no discount was allowed, the trader would have made a profit of 25% on the sale. This means the selling price (without discount) is 125% of the cost price (CP).
The price at which the trader bought the dress is .
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