SOLUTION: Catherine paid sh 20000 for 20 books. She sold two over five of them at sh 3000 each and the remaining at 2500. what was her profit percentage profit ?

Question 1012023: Catherine paid sh 20000 for 20 books. She sold two over five of them at sh 3000 each and the remaining at 2500. what was her profit percentage profit ?
Answer by macston(5194) (Show Source): You can put this solution on YOUR website!
.

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She sold 8 books at sh 3000 each:
8 x sh 3000 = sh 24000
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20-8=12
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She sold the remaining 12 books 12 sh 2500:
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12 x sh 2500 = sh 30000
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Her profit was:
(sh 24000 + sh 30000) - sh 20000 = sh 34000
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She made a sh 34000 profit on a sh 20000 investment:
(sh 34000/sh 20000)(100%)=170%

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