Question

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​

Answer 1

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)