Question

Mrs. Maketiya sold a pair of shoes at K220.00. She made a profit of 10%. Calculate the cost of the shoes.

a) K200.00
b) K210.00
c) K198.00
d) K202.00

Answer 1

To calculate the cost of the shoes, we set up an equation using the given profit percentage and selling price. By solving the equation, we find that the cost of the shoes is K2200.00.

Step-by-step explanation:

To find the cost of the shoes, we need to calculate the original price before the profit was added. We know that the profit is 10% of the selling price. Let's represent the cost of the shoes as 'x'.

So, 10% of x is equal to the profit, which is K220.00. In mathematical terms, this can be represented as:

0.10x = K220.00

To find 'x', we need to divide both sides of the equation by 0.10:

x = K220.00 ÷ 0.10

Calculating this will give us the cost of the shoes:

x = K2200.00

Therefore, the cost of the shoes is K2200.00. None of the answer options provided (a) K200.00, (b) K210.00, (c) K198.00, or (d) K202.00) are correct.