A man purchased 100 oranges at 800$ and sold each of them at 10$. What is his percentage profit
2 answers:
Answer:
80%
Step-by-step explanation:
800 ÷ 100 = 8$ → purchased each
8$ to 10$ = 80%
Answer:25%
Step-by-step explanation:
- fomula => percantange profit = Profit/buying price x 100%
- we find profit by taking money sold for each orange multiplied by total numbers of orangessubtracted my inital buying price of oranges
(10 x 100) - 800= 200
200/800 x 100
percantage profit= 25%
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Answer: Step-by-step explanation:
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A(x) = P(1.02)^x
A(x) = P(1 + 0.02)^x
A(x) = P(1 + r)^x
Therefore rate of change = 0.02 = 2%
