Dele bought 50 bags of rice for 2100 and sold it for 2352. What is his percentage profit
The total profit made by Dele is 2352 - 2100 = 252.
To find the percentage profit, we use the formula:
Percentage Profit = (Profit / Cost Price) * 100
Percentage Profit = (252 / 2100) * 100 = 0.12 * 100 = 12%
Therefore, Dele made a 12% profit on the 50 bags of rice that he bought and sold.