By selling some crates of soft drinks for N600.00, a dealer makes a profit of 50%. How much did the dealer pay for the drinks?
- N1,200.00
- N900.00
- N450.00
-
N400.00
- N200.00
The correct answer is: D
Explanation
S.P = N600.00
(100 + 50)% = N600
150% = N600
1% = \(\frac{600}{150}\)
100% = \(\frac{600}{150} \times 100%\)
= N400