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A market trader buys 100 oranges for $40. He sells all of them for 50 cents each. Calculate % profit he made.
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A market trader buys 100 oranges for $40. He sells all of them for 50 cents each. Calculate % profit he made.

User Kyle Vassella
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1 Answer

3 votes

amount he earned for selling all of the oranges =

$0.5 x 100 = $50

% profit = ((50 - 40)/40) x 100% = 25%

Therefore, he made a 25% profit

User Solowalker
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