A baker bought flour and other ingredients for S250.00, spent S52.00 on distribution, sold the bread for S320.00. The value added by the baker.
- $302.00
- $52.00
-
$18.00
- $622.00
The correct answer is: C
Explanation
Value added by the baker simply means profit which is calculated thus, profit= selling price - cost price
= $320 - (250 + 52)
= $320 - 302
Profit = $18