A trader bought 50 pairs of trouser for 1,500 naira and sold each pair for 45 naira what is his profit on each pair of the trousers question marks
To find the profit on each pair of trousers, we first need to calculate the cost price of each pair.
The trader bought 50 pairs of trousers for a total of 1,500 naira, so the cost price per pair would be:
Cost price per pair = Total cost / Number of pairs
Cost price per pair = 1,500 naira / 50 pairs = 30 naira
Next, we can calculate the profit on each pair of trousers by subtracting the cost price per pair from the selling price per pair:
Profit per pair = Selling price per pair - Cost price per pair
Profit per pair = 45 naira - 30 naira = 15 naira
Therefore, the trader's profit on each pair of trousers is 15 naira.
To calculate the profit on each pair of trousers, we need to subtract the cost price from the selling price.
Cost price of 50 pairs of trousers = 1500 naira
Selling price of each pair of trousers = 45 naira
Profit on each pair of trousers = Selling price - Cost price
= 45 naira - (1500 naira / 50)
= 45 naira - 30 naira
= 15 naira
Therefore, the profit on each pair of trousers is 15 naira.