A woman bought a measure of being for 12 naira and sold it for 15 naira what was her percentage profit
To calculate the percentage profit, we will use the formula:
(Profit/ Cost Price) * 100
The cost price is the amount she bought the measure for, which is 12 naira.
The profit is the selling price minus the cost price, which is 15 naira - 12 naira = 3 naira.
Now, we substitute the values into the formula:
(3/12) * 100 = 0.25 * 100 = 25
Therefore, her percentage profit is 25%.
To calculate the percentage profit, we need to find the difference between the selling price and the cost price, and then divide it by the cost price.
In this case:
Cost Price = 12 naira
Selling Price = 15 naira
Profit = Selling Price - Cost Price = 15 - 12 = 3 naira
Percentage Profit = (Profit / Cost Price) * 100
Percentage Profit = (3 / 12) * 100
Percentage Profit = 0.25 * 100
Percentage Profit = 25%
Therefore, the woman's percentage profit is 25%.
To calculate the percentage profit, we need to find the profit earned in Nigerian Naira (NGN) first. Then, we divide the profit by the cost price and multiply by 100 to get the percentage profit.
Profit = Selling Price - Cost Price
In this case:
Cost Price = 12 NGN
Selling Price = 15 NGN
Profit = 15 NGN - 12 NGN = 3 NGN
To calculate the percentage profit:
Percentage Profit = (Profit / Cost Price) * 100
Percentage Profit = (3 NGN / 12 NGN) * 100 = 25%
Therefore, her percentage profit is 25%.