Math

Need help solving this problem please.

Andrei buys a painting and sells it to Boris
Andrei makes a 60% profit on the sale
Boris sells the painting to Clarissa
Clarissa pays 1.5times the price that andrei paid for the painting

What is his loss as a % of the ammount he paid

1. 👍
2. 👎
3. 👁
1. Suppose A buys in \$100
A sells it to B in 100 +(100 * 60/100) = \$160
B sells it to C and pays 1.5 times the original price i.e. 100 * 1.5 = \$150

Loss to B = 160-150 = \$10

Loss percentage to B = (10/160)*100 = 6.25%

1. 👍
2. 👎
2. Thank you very much.

1. 👍
2. 👎

Similar Questions

1. Career planning

Which of the following is an effective first reaction to a problem . A. Asking questions to help you understand the problem B. Deciding on a solution as quickly as possiable C. Finding someone else to handle the problem D.

2. Math

Solving Multi-Step Equation Quiz 1.Solve the Equation x5=−2 A. -35 B. -10 C.3 2. Solve the equation. x5+1=−7 A. -13 B. -40 C. 1 3. Solve 3x+8=23 A. -18 B. 34 C. 5 4. Combine like terms -4n+2n A. -2n B. 2n C.-8n 5. Solve the

3. Algebra 1

Mary is selling her crafts to earn money. She sells her bracelets for \$6 and her necklaces for \$10. Her goal is to make at least \$120 in sales. Let x = the number of bracelets she sells. Let y = the number of necklaces she sells.

4. English

1. To come up with possible solutions to a problem is referred to as: A. decision making. B. concept mapping. C. critical thinking. D. problem solving. is it D 2. "Should I apply for a job or go for an internship?" is an example

1. Science

1. Which of the following best explains what an Engineer does? A- An engineer combines the knowledge with problem-solving skills to design better mathematical models. B-An engineer combines the knowledge with problem-solving

2. Math Geometry

Marisol is painting on a piece of canvas that has an area of 180 square inches. The length of the Painting is 1 1/4 times the width. What are the dimensions of the painting this is for elementary school so make it simple

3. painting

28. Van Gogh’s painting Starry Night measures 92 cm long by 73 cm high. You buy a poster that shows an enlargement of the painting. The poster measures 120 cm long by 100 cm high. Is the poster an accurate representation of the

4. Math

Mr Panwar buys pencils at Rs.250 per hundred pencils and sells each at Rs.1.75 find his loss or profit percent

a music store buys compactc discs for \$12 each and sells them for \$15 each. what is the percent of markup on these compact discs

2. Math

The organized crime boss and perfume king Butch (Stinky) Rose has daily overheads (bribes to corrupt officials, motel photographers, wages for hit men, explosives, and so on) amounting to \$30,000 per day. On the other hand, he has

3. college algebra help******

You intercepted the following message from Boris and Natasha. 25 19 19 30 41 17 15 26 27 41 15 28 18 41 18 29 41 34 22 19 41 27 15 34 22 You do not now the encoding or decoding function but from previous work with Boris and

4. Math

A painting shaped like a circle had a diameter of 20 inches. A circular frame extends 2 inches around the edge of the painting. How much wall space does the framed painting need? Use 3.24 for pi.