Question

Daditu is buy milk by 400 Birr and sale by 500 what rate percent

Answer 1

[AI-generated answer — Bot GPT 3.5]

To calculate the rate percent of the profit made by Daditu, we can use the following formula:

Rate percent = (Selling Price - Cost Price) / Cost Price * 100

Where:
Cost Price = 400 Birr
Selling Price = 500 Birr

Rate percent = (500 - 400) / 400 * 100
Rate percent = 100 / 400 * 100
Rate percent = 0.25 * 100
Rate percent = 25%

Therefore, Daditu makes a profit of 25% on the milk.