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Simiyu bought 3 packets of sweets each containing 120 sweets at sh 50 per packet. He sold all the sweets at sh 2 for every 3 sweets. What percentage profit did he make?

Class: KCPE

Subject: Mathematics

Topic: Measurement-money

Lesson Summary

Simiyu bought 3 packets of sweets each containing 120 sweets at sh 50 per packet. He sold all the sweets at sh 2 for every 3 sweets. What percentage profit did he make?

A.160%
B.60%
C.3712%
D.12%



Text Answer


Buying price of sweets = 50 x 3 = sh 150

Number of sweets bought = 120 x 3 = 360

Selling price @sh 2 for 3 sweets =3603×2=𝑠ℎ 240

Profit made SP – BP =240–150 = sh 90

% profit =profitbuying price×100=90150×100=60%

The correct answer is B (60%).

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