SOLUTION: A boy buys biscuit for N4 and sells it at a profit of 20%.Find the actual price and the selling price?
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Question 984086: A boy buys biscuit for N4 and sells it at a profit of 20%.Find the actual price and the selling price?
Answer by macston(5194) (Show Source): You can put this solution on YOUR website!
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I am unsure what you mean by actual price.
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The cost is what he paid, N4.
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The selling price is:
100% cost + 20% profit = 120%
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1.2 x N4=N4.8
ANSWER: The selling price at 20% profit is N4.8.
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