Wangare bought four crates of soda at sh. 720. She later sold each bottle at sh. 60 at her name choma joint. If a crates has 24 bottles, what was her percentage profit
Wangare bought a total of 4 crates * 24 bottles/crate = 96 bottles of soda.
The total cost of buying 96 bottles at sh. 720 was sh. 720.
She sold each bottle for sh. 60, so her total revenue from selling 96 bottles was 96 bottles * sh. 60/bottle = sh. 5760.
Her profit was sh. 5760 - sh. 720 = sh. 5040.
To calculate her percentage profit, divide her profit by the cost price and multiply by 100:
Percentage profit = (5040 / 720) * 100 = 700%
Therefore, Wangare made a 700% profit on selling the soda bottles at her nyama choma joint.