Shirley buys the fax machine and sells it to Devi at a gain of 25% on the cost price Devi then sells the fax machine to Amirah at a loss of 25% on the price at which she buys it from Shirley if Amirah pays $360 the fax machine how much did shirley pay for it
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Answer:
Step-by-step explanation:
Shirley buys a fax machine and sells it to Devi at a gain of 25% on the cost price.
Shirley buy price:: x
Devi buy price:: 1.25x
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devi then sells the fax machine to Amirah at a loss of 25% on the price which she buys it from shirley.
Amirah buy price = 0.75*1.25x
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if amirah pays $360 for the fax machine,how much did shirley pay for it?
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Equation:
0.75*1.25x = 360
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(3/4)(5/4)x = 360
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(15/16)x = 360
x = (16/15)360
Ans: x = $384.00 (Price Shirley paid)
HOPE IT HELPS
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