Mr. Sitienei sold a house to Mr. Lagat at a profit of 10%. Mr. Lagat then sold it to Mr. Rotich at a profit of 5%....

      

Mr. Sitienei sold a house to Mr. Lagat at a profit of 10%. Mr. Lagat then sold it to Mr. Rotich at a
profit of 5%. Mr. Rotich paid Ksh 110,000 more than Mr. Lagat for the house. Find how much Mr.
Rotich paid for the house.

  

Answers


Kavungya
Sitienei – x
Lagat – 1.1x
Rotich – 1.155x
Diff = 1.155x – 1.1x = 0.55x = 110,000
X = 2,000,000
Rotic paid 1.155 x 200,000 = 231000
Kavungya answered the question on June 19, 2019 at 08:03


Next: Juanita sold goods worth Ksh 95,000 and earned a total commission of Ksh 4,500. If the commission on the first Ksh. 50,000 was half of the...
Previous: A Kenya bank buys and sells foreign currencies as shown below. ...

View More Mathematics Questions and Answers | Return to Questions Index


Exams With Marking Schemes

Related Questions