Wangare bought four crates of soda at sh. 720. She later sold each bottle at her Nyama choma joint. If a crate has 24 bottles, what was her percentage profit
Wangare bought 4 crates of soda with a total of 96 bottles at a cost of sh. 720.
If she later sold each bottle at her Nyama choma joint, let's assume she sold each bottle for sh. X.
Her total revenue from selling all the bottles would be 96*X.
To calculate her profit, we need to subtract the total cost from her total revenue:
Profit = Total Revenue - Total Cost
Profit = 96*X - 720
If she wants to calculate her profit as a percentage, she can use the following formula:
Profit Percentage = (Profit / Total Cost) * 100
Profit Percentage = ((96*X - 720) / 720) * 100
Simplifying the equation further:
Profit Percentage = ((96*X) / 720 - 1) * 100
We are missing information on what Wangare sold each bottle for (sh. X), so we cannot calculate the exact percentage profit she made.