© Victoria School Math Department
4 Basic
(a) An art dealer bought a painting for $8,400 and sold it for $11,088. Calculatehis earnings as a percentage.(b) During a sale, the art dealer reduced the price of his paintings by 16%.Calculate the normal selling price of a painting which was priced at $21,000during the sale.Solution:11 0888400(a) His earnings = 100%840032%100(b) Normal selling price = $2100084$25000
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[Bukit Panjang Government High School / 2008]Ans: (a) 32% (b) $25 000
5 Basic
The cost of a computer is $1200.(a)
At what price must a person sell it to make a profit of 20%?(b)
At what price must a person advertise it if he is to give a 20% discount onthe advertised price and still make a profit of 20% on the cost price?Solution:120(a) Selling price = $1200100$1440100(b) Advertised price = $144080$1800
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[Catholic High School / 2007]Ans: (a) $1 440 (b) $1 800
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