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BECE Mathematics 2018 Paper
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© africaexams.com
Question : 14
Total: 40
Ama bought a pair of sandals for GH₵ 20.00 and solid it at GH₵ 24.00. Find the percentage profit.
4 %
17 %
20 %
44 %
Validate
Solution:
Percentage profit is calculated by the formula below:
Profilt = Selling Price - Cost Price
Selling Price
=
24
=24
=
24
Cost Price
=
20
=20
=
20
Profit
=
24
−
20
=
4
=24-20=4
=
24
−
20
=
4
Substiting the profit and the cost price in the percentage profit formula
Cancel out
Profit Percentage
=
4
×
5
=
20
%
=4 \times 5={2 0} \%
=
4
×
5
=
20
%
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