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BECE Mathematics 2018 Paper

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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 %

Solution:

Concept:

Percentage profit measures the profit earned as a fraction of the cost price.

Explanation:

Profit

=

Selling Price

-

Cost Price.

So, Profit

= 24 - 20 = 4

.

Percentage Profit

= \frac{\text{Profit}}{\text{Cost Price}} \times 100

.

Percentage Profit

= \frac{4}{20} \times 100 = 20\%

.

Answer:

The percentage profit is

20\%

.

Option C.

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