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6 January, 14:41

5. Shirley buys a fax machine and sells it to De

at a gain of 25% on the cost price. Devi then ses

the fax machine to Amirah at a loss of 250 on the

price at which she buys it from Shirley. If Amirah

pays $360 for the fax machine. how much die

Shirley pay for it

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Answers (1)
  1. 6 January, 18:01
    0
    Shirley bought a fax machine and sells to Devi at a profit of 25% on the cost price.

    Shirley buy price:: x

    Devi buy price:: 1.25x

    Devi sells the fax machine to Amirah at a loss of 250 on the price which she buys it from Shirley.

    Amirah buy price = 1.25x - 250

    if Amirah pays $360 for the fax machine, how much did Shirley pay for it?

    Equation:

    1.25x - 250 = 360

    1.25x = 360 + 250

    x = 610 / 1.25

    x = 488

    Ans: x = $488 (Price Shirley paid)
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