Maida made a sale and collected K504.she realized that she made a loss.what is her loss if her percentage loss is 10% ?

Mathematics

ScanSolve AI Answer

Answer

Maida's loss is K56.

Step-by-step solution

3 steps

Here's how to calculate it:

  1. Understand the relationship

    If there's a 10% loss, it means the selling price (K504) represents 100% - 10% = 90% of the original cost price.

  2. Calculate the Cost Price (CP)

    CP = Selling Price / (1 - Percentage Loss)
    CP = K504 / (1 - 0.10)
    CP = K504 / 0.90
    CP = K560

  3. Calculate the Loss

    Loss = Cost Price - Selling Price
    Loss = K560 - K504
    Loss = K56

Was this helpful?

Still stuck on this one?

Ask a follow-up, and the answer starts from this question.

Got a different question?Ask your own question

More Mathematics Questions

QFind the selling price if: 1. Cost price = 10 000, Profit = 20% 2. Cost price = 2 400, Loss = 30% 3…QA businessman sells 60% of his wares at a profit of 15%. The remainder is sold at a loss of 25%…QA trader sold a dress for Sh 7200, allowing a discount of 10% on the marked price. If the discount…QJack sold a jacket for 1800/=. He made a loss of 10%how much had he bought the jacketQAn item sold at K25 is now marked at K17 . What is the percentage decrease?
See all Mathematics questions →
Got a syllabus? Photograph it and I'll tell you what's due and what's worth the most.