Omokoy buys a hino Dyna for k129 000 from Ela motor and shortly afterwards is involved in an accident. Calculate the selling price of the car if he allows 18% loss?

To calculate the selling price of the car with an 18% loss, we first need to determine the amount of the loss.

Loss = 18% of K129,000
Loss = 0.18 x K129,000
Loss = K23,220

Now, we subtract the loss from the original purchase price to find the selling price:

Selling Price = K129,000 - K23,220
Selling Price = K105,780

Therefore, the selling price of the car after allowing an 18% loss would be K105,780.

Step 1: Calculate the amount of loss allowed

Loss allowed = 18% of K129,000
= 0.18 x K129,000
= K23,220

Step 2: Subtract the loss from the original cost to find the selling price

Selling price = Original cost - Loss allowed
= K129,000 - K23,220
= K105,780

Therefore, the selling price of the car if Omokoy allows 18% loss is K105,780.