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Masada sold his radio to Agouti at sh 63,000 making a loss of 10%.
Agouti later sold the radio to Cheney at a profit of 15%.
(a) Calculate the amount of money Masada paid for the radio?
(03 marks)​

Respuesta :

Given:

Selling price of radio for Masada = 63,000

Loss = 10%

To find:

The amount of money Masada paid for the radio?

Solution:

Let x be the amount of money Masada paid for the radio.

According to the question,

[tex]x-10\%\text{ of }x=63000[/tex]

[tex]x-\dfrac{10}{100}x=63000[/tex]

[tex]x-0.1x=63000[/tex]

[tex]0.9x=63000[/tex]

Divide both sides by 0.9.

[tex]x=\dfrac{63000}{0.9}[/tex]

[tex]x=70000[/tex]

Therefore, Masada paid 70,000 for the radio.

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