amankwahprince0019 amankwahprince0019
  • 25-06-2021
  • Mathematics
contestada

3. a trader sold an article at a discount of
18% for GHC828.00. If the article
was initially marked to gain 25%
profit, find the:
a) cost price of the article
b) discount allowed.​

Respuesta :

fichoh
fichoh fichoh
  • 30-06-2021

Answer:

GHC757.317

GHC181.756

Step-by-step explanation:

Given that :

Discount on sale = 18%

Sale price at 18% discount = 828

828 = 100% - 18%

828 = 82%

The cost at 100% can be represented as :

828 = 0.82

x = 1

Cross multiply :

828 = 0.82x

x = 828 / 0.82

x = 1009.7560

The price 1009.7560 includes a marked gain of 25% ; Hence, cost price of the article is :

(100 - 25)% * 1009.7560

0.75 * 1009.7560

= GHC757.317

Discount allowed :

1009.7560 - 828

= GHC181.756

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