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Mary buys a bale of clothes for K2,000. She marks it up by 40% for selling. She then gives a 10% discount to a customer. a) Find the marked price. b) Find the actual selling price after discount. c) Calculate her profit percentage on cost price.

Mathematics

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QUESTION 3: PERCENTAGE

a) Find the marked price.

  1. Calculate the markup amount.

    Markup amount=40%×K2,000=0.40×K2,000=K800\text{Markup amount} = 40\% \times \text{K}2,000 = 0.40 \times \text{K}2,000 = \text{K}800
  2. Calculate the marked price.

    Marked price=Cost price+Markup amount\text{Marked price} = \text{Cost price} + \text{Markup amount} Marked price=K2,000+K800=K2,800\text{Marked price} = \text{K}2,000 + \text{K}800 = \text{K}2,800

    The marked price is K2,800\boxed{\text{K}2,800}.

    b) Find the actual selling price after discount.

  3. Calculate the discount amount.

    Discount amount=10%×Marked price\text{Discount amount} = 10\% \times \text{Marked price} Discount amount=0.10×K2,800=K280\text{Discount amount} = 0.10 \times \text{K}2,800 = \text{K}280
  4. Calculate the actual selling price.

    Selling price=Marked price−Discount amount\text{Selling price} = \text{Marked price} - \text{Discount amount} Selling price=K2,800−K280=K2,520\text{Selling price} = \text{K}2,800 - \text{K}280 = \text{K}2,520

    The actual selling price is K2,520\boxed{\text{K}2,520}.

    c) Calculate her profit percentage on cost price.

  5. Calculate the profit.

    Profit=Selling price−Cost price\text{Profit} = \text{Selling price} - \text{Cost price} Profit=K2,520−K2,000=K520\text{Profit} = \text{K}2,520 - \text{K}2,000 = \text{K}520
  6. Calculate the profit percentage on cost price.

    Profit percentage=ProfitCost price×100%\text{Profit percentage} = \frac{\text{Profit}}{\text{Cost price}} \times 100\% Profit percentage=K520K2,000×100%=0.26×100%=26%\text{Profit percentage} = \frac{\text{K}520}{\text{K}2,000} \times 100\% = 0.26 \times 100\% = 26\%

    Her profit percentage on cost price is 26%\boxed{26\%}.

    QUESTION 4: PROBABILITY

    A bag contains 5 red, 3 blue, and 2 green marbles.
    Total number of marbles = 5+3+2=105 + 3 + 2 = 10.
    Two marbles are drawn without replacement.

    a) Find the probability that both are blue.

  7. Probability of drawing the first blue marble.

    P(1st Blue)=310P(\text{1st Blue}) = \frac{3}{10}
  8. Probability of drawing the second blue marble (given the first was blue and not replaced).

    P(2nd Blue | 1st Blue)=29P(\text{2nd Blue | 1st Blue}) = \frac{2}{9}
  9. Probability that both are blue.

    P(Both Blue)=P(1st Blue)×P(2nd Blue | 1st Blue)P(\text{Both Blue}) = P(\text{1st Blue}) \times P(\text{2nd Blue | 1st Blue}) P(Both Blue)=310×29=690=115P(\text{Both Blue}) = \frac{3}{10} \times \frac{2}{9} = \frac{6}{90} = \frac{1}{15}

    The probability that both marbles are blue is 115\boxed{\frac{1}{15}}.

    b) Find the probability that one is red and one is green in any order.
    This means (Red then Green) OR (Green then Red).

  10. Calculate the probability of drawing a red marble then a green marble.

    P(Red then Green)=P(1st Red)×P(2nd Green | 1st Red)P(\text{Red then Green}) = P(\text{1st Red}) \times P(\text{2nd Green | 1st Red}) P(Red then Green)=510×29=1090=19P(\text{Red then Green}) = \frac{5}{10} \times \frac{2}{9} = \frac{10}{90} = \frac{1}{9}
  11. Calculate the probability of drawing a green marble then a red marble.

    P(Green then Red)=P(1st Green)×P(2nd Red | 1st Green)P(\text{Green then Red}) = P(\text{1st Green}) \times P(\text{2nd Red | 1st Green}) P(Green then Red)=210×59=1090=19P(\text{Green then Red}) = \frac{2}{10} \times \frac{5}{9} = \frac{10}{90} = \frac{1}{9}
  12. Add the probabilities for both orders.

    P(One Red and One Green)=P(Red then Green)+P(Green then Red)P(\text{One Red and One Green}) = P(\text{Red then Green}) + P(\text{Green then Red}) P(One Red and One Green)=19+19=29P(\text{One Red and One Green}) = \frac{1}{9} + \frac{1}{9} = \frac{2}{9}

    The probability that one marble is red and one is green is 29\boxed{\frac{2}{9}}.

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