Question

Peter bought a shirt and sold it to Kamau at a profit of 10%. Kamau sold the same shirt to Rony at a price of Kshs 2700/= thus making a loss of 15%. Find the price Kamau bought the shirt from Peter.

Answer 1

let Peter=x                                            
Kamau=1.1x                                              
Rony=0.85(1.1)x =2700
      x=      2700   
           0.85 × 1.1
      x=2887.70

ALT
100 × 2700
      85
=3176.50
100 × 3176.50
      110
=2887.70