Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

please answer and make solution 6.Greg bought a laptop for P25,000.00 and spent P2,500.00 on its spares. He later sold it for 25,000.00. How much

please answer and make solution

image text in transcribed
6.Greg bought a laptop for P25,000.00 and spent P2,500.00 on its spares. He later sold it for "25,000.00. How much is Greg's loss? a. P12.500.00 b. P2,050.00 C. P1,050.00 d. P2,500.00 7. Kim sold a watch to his friend at a loss of 5%. If his friend paid P 650 for it, find the original cost of the watch. n. P684.25 b. P784.50 C. P589.45 d. P643.55 8.A mobile phone was sold for P4,800.00. Find the cost price of the mobile phone if the profit is 20% a. P4, 120.00 b. P3,280.00 c. P3.840.00 d. P4.260.00 9.A shoe keeper buys digital camera at P5,400.00 each. Due to price fall in the market, he was forced to sell them at a loss of 15%. Find the selling price of each digital camera. a. P5,120.00 b. P4,590,00 c. P5,620.00 d. P4,930.00 10.Alfred buys an old scooter for P14,700.00 and spends P1,800.00 on its repairs. If he sells the scooter for P15,800.00, what is his percent gain or percent loss? a. P700.00 b. P820.00 c. P780.00 d. P825.00 1 1.Find the percent gain or percent loss when a car bought for P925,000.00 is sold for P850.000.00. a. 8.82% loss b. 8.82% profit c. 7.18% loss d. 7.18% profit

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Computer Accounting

Authors: Donna Kay

14th Edition

007762453X, 9780077624538

More Books

Students also viewed these Accounting questions