A meat seller bought 250kg of meat fo GHC 224 At what price per kg should he retail it in order to make proft of 25%

Question

A meat seller bought 250kg of meat fo GHC 224 At what price per kg should he retail it in order to make proft of 25%

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Hải Đăng 5 years 2021-08-01T04:58:38+00:00 1 Answers 190 views 0

Answers ( )

  1. Dulcie
    0
    2021-08-01T04:59:52+00:00
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    Answer:

    GHC1.19

    Step-by-step explanation:

    Given data

    Mass of meat= 250kg

    Cost of meat= GHC 224

    cost price per kg

    =224/250

    =GHC 0.896 per kg

    % profit= selling-cost/selling*100

    let the selling price be x

    25= x- 0.896/x*100

    0.25= x-0.896/x

    cross multiply

    0.25x=x- 0.896

    0.25x-x= – 0.896

    0.75x= 0.896

    x= 0.896/0.75

    x=GHC1.19

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