Question

A woman bought a cup

of beans for 12 and sold it
for ₦15. What was her
percentage profit​

Answer 1

25%

Explanation:

Cost Price: ₦12

Selling Price: ₦15

Profit: ₦15 - ₦12 = ₦3

Profit Percentage =
`(profit)/(cost price)` ×
`(100)/(1)`

Profit Percentage =
`(3)/(12)` ×
`(100)/(1)`

Profit Percentage =
`(1)/(4)` ×
`(100)/(1)` = 25%

Final Answer = 25%

Answer 2

25 %

Explanation:

Given,

Cost price ( CP ) = 12

Selling price ( SP ) = 15

Since, CP < SP , she made a profit

Actual profit = SP - CP

plug the values

`= 15 - 12`

Subtract the numbers

`= 3`

Profit = 3

Now,

Profit percent =
`(actual \: profit)/(cost \: price) * 100` %

Plug the values

`= (3)/(12) * 100` %

Calculate

`= 25` %

Hope this helps...

Best regards!!