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By selling some crates of soft drinks for N600 ... - WAEC Mathematics 1995 Question

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
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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