Question

A dealer buys 50 apples for $40 and sells them for $1.20. Calculate his
percentage profit.

Answer 1

Answer: $60

Step-by-step explanation:

Answer 2

Answer:

50%

Step-by-step explanation:

1.2 times 50 = 60

60 - 40 = 20

40/20 = 2

100/2 = 50

50%