If Maina sells a bag of cabbages for sh 520, he makes a profit. If he had to sell the bag for sh 420 he would make a loss. If the profit is three times the loss, find how much he paid for the bag of cabbage?

      

If Maina sells a bag of cabbages for sh 520, he makes a profit. If he had to sell the bag for sh 420 he would make a loss. If the profit is three times the loss, find how much he paid for the bag of cabbage?

  

Answers


John
Let buying price be x.

520 - x = profit; x - 420 = loss

Profit = 3 times the loss

520 - x = 3(x-420)

520 - x = 3x - 1260

1 780 = 4x;

x = sh 445

For each bag of cabbage he paid sh 445.
johnmulu answered the question on June 9, 2017 at 05:48


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