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3 years ago

Pls help it is urgent .A trader bought a plate for 120 naira and sold it for 168 naira.What is his percentage profit.

Mathematics

1 answer:

telo118 [61]3 years ago

3 0

Answer:

Percentage profit=40%

Step-by-step explanation:

Cost price=120 Naira

Sold price=168 Naira

Profit=Sold price- cost price

=168-120

=48 Naira

Percentage profit=profit/cost price×100

=48/120×100

=0.4×100

=40%

Percentage profit=40%

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