emilycarlsonn5085 emilycarlsonn5085
  • 26-04-2021
  • Mathematics
contestada

A meat seller bought 250kg of meat for 224 Ghana cedis.At what price pre kg should he retail it in order to get 25% profit

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Parrain
Parrain Parrain
  • 28-04-2021

Answer: 1.12 Ghana Cedis

Step-by-step explanation:

First find the cost per kg:

= Amount spent / kg

= 224/250

= 0.90 Cedis per kg

In order to make a profit of 25%, the amount to charge per kg is:

= Cost per kg * ( 1 + makeup)

= 0.90 * (1 + 25%)

= 1.12 Ghana Cedis

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