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Friday, 24 April 2026
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By selling some crates of soft drinks for N600.00, a dealer makes a profit of 50%. How ...

By selling some crates of soft drinks for N600.00, a dealer makes a profit of 50%. How much did the dealer pay for the drinks?
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  • A N1,200.00
  • B N900.00
  • C N450.00
  • D N400.00
  • E N200.00
Correct Answer: Option D
Explanation:
S.P = N600.00
(100 + 50)% = N600
150% = N600
1% = \(\frac{600}{150}\)
100% = \(\frac{600}{150} \times 100%\)
= N400

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