Mathematics

By selling some crates of soft drinks for N600.00, a dealer makes a profit of…

By selling some crates of soft drinks for N600.00, a dealer makes a profit of 50%. How much did the dealer pay for the drinks?

  • A.
    N1,200.00
  • B.
    N900.00
  • C.
    N450.00
  • D.
    N400.00
  • E.
    N200.00
Correct Answer: Option D
Explanation

S.P = N600.00

(100 + 50)% = N600

150% = N600

1% = (frac{600}{150})

100% = (frac{600}{150} times 100%)

= N400