Question

wanza sold a bag of potatoes for sh.420 and made a profit.if she sold it at sh.320 ,she could have made a loss .Given that the profit is thrice the loss ,how much did she pay for the bag of potatoes​

Answer 1

sh.345

Explanation:

The difference between the price selling with profit and price selling at a loss is 420-320 = 100

Profit is thrice the loss says we can take the difference in prices and divide it into 4 parts, x and 3x, representing the loss and thrice the loss, or profit margin.

x + 3x = 100

4x = 100

x = 25

loss would be 25,

profit would be 75

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sold at a profit: 420 -75 = sh.345

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Does this exercise seem similar to what you're doing in class?