Question on: WAEC Mathematics - 1995
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?
A
N1,200.00
B
N900.00
C
N450.00
D
N400.00
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Correct Option: D
S.P = N600.00
(100 + 50)% = N600
150% = N600
1% = \(\frac{600}{150}\)
100% = \(\frac{600}{150} \times 100%\)
= N400
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