Question

A trader bought 25 apples for sh. 750. She spent sh. 100 on transport. She later sold the apples at sh. 40 each. What was her profit?

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Answer

Step 1: Total cost

Cost of 25 apples = sh. 750

Transport cost = sh. 100

Total cost = 750 + 100 = sh. 850


Step 2: Total revenue

She sold each apple for sh. 40

Total revenue = 25 × 40 = sh. 1,000


Step 3: Profit

Profit = Total revenue - Total cost

Profit = 1,000 - 850 = sh. 150


Final Answer:

Profit = sh. 150


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