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 By: drstevewu (offline)  Tuesday, August 01 2017 @ 09:55 PM CDT (Read 1625 times)
drstevewu

Hi there, i am thinking if this question make sense? Need help from you guys.

Question: If Sam sells his camera at a discount of 10% of the usual price, he will make a loss of \$250. If he sells it at a discount of 30%, he will incur a loss of \$650. Find the cost price of his camera. (Answer: \$2050)

Junior

Registered: 04/20/10
Posts: 31

 By: echeewh (offline)  Wednesday, August 02 2017 @ 03:59 AM CDT
echeewh

Hey <drstevewu>

Pls note the Usual Price ( UP ) may not necessarily be the Cost Price ( CP ).

Hence, if you can calculate the UP of the camera, you should be able to find the answer to its CP in this case.

Thank you.

Best regards,
Edward

Active Member

Registered: 04/21/11
Posts: 627

 By: drstevewu (offline)  Sunday, August 06 2017 @ 08:53 PM CDT
drstevewu

Thank you Edward,

I got what you meant already. Had try to explain to the kid about the Usual Price and Cost Price and Selling Price but he seem confused about the whole thing.

Cheers,
Steve Wu

Junior

Registered: 04/20/10
Posts: 31

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