A man buys a bag of 200 apples for AED 80.
He sells all apples for 50 fils each.
What is his percentage profit
PLZZZZZZ HELP ME
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Answered by
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Answer:
25 percent
Step-by-step explanation:
Cost price = 200
100 Fils = 1 AED
Therefore,
50Fils = 0.5 AED
Selling price = 200 x 0.5
= 100 AED
Profit Percentage = ((SP - CP) / CP) X 100
= (100-80)/80) X 100
= 25
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