price, Jane thinks that she needs to calculate 20% of $198 and add the result to$198. Tim thinks that Jane has it wrong and that the calculation is more complex.Which person do you think is correct? Show working to support your answer.

A girl’s bicycle is reduced to $198 after a discount of 20%. To determine the originalprice, Jane thinks that she needs to calculate 20% of $198 and add the result to$198. Tim thinks that Jane has it wrong and that the calculation is more complex.Which person do you think is correct? Show working to support your answer

Select the correct answerShweta buys a product at 25% discount rate. At what % over the cost price should she sell the product to make an overall 25% profit over the listed price?Options6070None of these66.667

Sonja bought an old bike for $20. She spent $47 on parts and paint and then renovated it.She sold it for $115 through her local newspaper. The advertisement cost $10.Question 1Workboarda. What were her total costs?   Total costs = $SUBMIT (ATTEMPT 1 OF 2)Question 2Workboardb. What percentage profit did she make on costs?    Give your answer correct to the nearest whole percentage.     Percentage profit = %SUBMIT (ATTEMPT 1 OF 2)Question 3Workboardc. What percentage profit did she make on the selling price?    Give your answer correct to the nearest whole percentage.    Percentage profit = %

Select the correct answerA shopkeeper bought 120 quintals of wheat. 20% of it was sold at 25% loss. At what percent gain should he sell the rest to gain 25% on the whole transaction?Options4037.536.535

A retailer bought goods worth $55 each. She added a mark-up of 25% and then 10% GST on top of this to calculate her selling price.What was the final price, correct to the nearest cent?