Percentage Profit In Buying And Selling  by  Prisca Mwikya

1

MATHEMATICS LESSON 86 EGPS

MONEY PERCENTAGE PROFIT

 

What is the main aim of a trader when they buy and sell goods?

The main aim of a trader is to make profit

Kamene bought bananas at ksh200 and later sold them for ksh250

To find out what she made as profit we subtract the buying price or cost price from the selling price

 

Profit =S.P - B.P

    =250 - 200

 

•Profit can be expressed as a percentage

 

•Percentage profit = profit

 

Complete the table
 
 
Percentage profit = 20%
B.P = 200, Percentage profit =50%
B.P = 5000,Percentage profit =20%
S.P = 4500 Percentage profit =12



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