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?
Powered by Froala Editor
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
Powered by Froala Editor