A shopkeeper made a loss made a loss of 30%by selling an electric iron at sh 700 what profit would he have made had he sold it at sh 1150?

2 answers

V = value
(1 - 0.30) V = 700
V = 700/0.7=1000
1150 - 1000 = 150
30%=700/1150×100%
=150$