
By: drstevewu (offline) Tuesday, August 01 2017 @ 09:55 PM CDT (Read 71 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)
Thank you for your time.

Junior
Registered: 04/20/10 Posts: 30





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: 625





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: 30



