A woman bought a measure of beans for 12 naira and sold it for 15 naira what was her percentage profit
Her profit can be calculated as the selling price minus the cost price:
Profit = 15 naira - 12 naira = 3 naira
To calculate the percentage profit, divide the profit by the cost price and multiply by 100:
Percentage Profit = (3 naira / 12 naira) * 100 = 25%
Therefore, her percentage profit is 25%.
Adamu bought some quantity of salt at 90 a tonne and sold it at 8k a kilogram how much did he lose or gain
To know whether Adamu gained or lost money, we need to compare the selling price to the cost price.
First, we need to convert the quantities to the same unit. Since Adamu bought the salt in tonnes and sold it in kilograms, we need to convert one of the quantities.
Let's convert the selling price to tonnes:
1 kilogram = 0.001 tonne
So, 8k (8,000 naira) per kilogram is equal to 8 (8,000 naira) * 0.001 = 8 naira per tonne.
Now, let's compare the selling price to the cost price:
Selling Price per tonne = 8 naira per tonne
Cost Price per tonne = 90 naira per tonne
Adamu gained or lost = Selling Price - Cost Price
Adamu gained or lost = 8 naira - 90 naira = -82 naira.
Adamu lost 82 naira.
A man bought a car for 3.450 repairs cost him another 1500 naira if he sold the car for 3960 naira find d percentage profit
To calculate the profit percentage, we need to consider the total cost and the selling price.
Total cost = Cost of buying the car + Cost of repairs = 3,450 + 1,500 = 4,950 naira
Selling price = 3,960 naira
Profit = Selling price - Total cost = 3,960 - 4,950 = -990 naira
Since the profit is negative, it means the man incurred a loss of 990 naira.
To calculate the percentage profit, divide the profit by the total cost and multiply by 100:
Percentage Profit = (Profit / Total Cost) * 100
Percentage Profit = (-990 / 4,950) * 100
Percentage Profit = -0.2 * 100
Percentage Profit = -20%
Therefore, the man had a percentage loss of 20%.
A television was sold at 2000 naira if the cost price was 2500 find the loss percent
To calculate the loss percentage, we need to consider the cost price and the selling price.
Cost Price = 2500 naira
Selling Price = 2000 naira
Loss = Cost Price - Selling Price = 2500 - 2000 = 500 naira
To calculate the loss percentage, divide the loss by the cost price and multiply by 100:
Loss Percentage = (Loss / Cost Price) * 100
Loss Percentage = (500 / 2500) * 100
Loss Percentage = 0.2 * 100
Loss Percentage = 20%
Therefore, the loss percentage is 20%.
A woman bought 50 oranges for 500 naira she sold all the oranges at the rate of 12k for one orange what is the womans profit percentage on the 50 oranges
To calculate the profit percentage, we need to consider the total cost and the total revenue.
Cost Price = 500 naira
Number of oranges bought = 50
Selling Price per orange = 12k = 12,000 naira
Total Revenue = Selling Price per orange * Number of oranges = 12,000 naira * 50 = 600,000 naira
Profit = Total Revenue - Cost Price = 600,000 naira - 500 naira = 599,500 naira
To calculate the profit percentage, divide the profit by the cost price and multiply by 100:
Profit Percentage = (Profit / Cost Price) * 100
Profit Percentage = (599,500 / 500) * 100
Profit Percentage = 119,900%
Therefore, the woman's profit percentage on the 50 oranges is 119,900%.