Question

A man purchased 100 oranges at 800$ and sold each of them at 10$. What is his percentage profit

Answer 1

80%

Explanation:

800 ÷ 100 = 8$ → purchased each

8$ to 10$ = 80%

Answer 2

Answer:25%

Explanation:

1. fomula => percantange profit = Profit/buying price x 100%
2. we find profit by taking money sold for each orange multiplied by total numbers of orangessubtracted my inital buying price of oranges

(10 x 100) - 800= 200

200/800 x 100

percantage profit= 25%