A woman buys 270 oranges for N1800.00 and sells at 5 for N40.00. What is her profit?
-
A.
N2,160.00 -
B.
N1, 620.00 -
C.
N630.00 -
D.
N360.00
Correct Answer: Option D
Explanation
C.P = N1800
S.P = (270/5) x 400 = N2160.00
Profit = S.P – C.P = N2160 – N1800 = N360.00