Terry bought a vase which he decides to sell. If he sells the vase at a discount of 20%, he makes a gain of $150. If he sells it at a 45% discount, he loses $325. How much did Terry pay for his vase? [4 marks][Answer given: $1370]
100% - 20% = 80%
80% --> Cost + $150
100% - 45% = 55%
55% --> Cost - $325
80% - 55% --> 150 + 325
25% --> $475
80% --> 80/25 x 475 = $1520
Cost --> 1520 - 150 = $1370
The cost of the vase is $1370.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment