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 -
E.
N200.00
Correct Answer: Option D
Explanation
S.P = N600.00
(100 + 50)% = N600
150% = N600
1% = (frac{600}{150})
100% = (frac{600}{150} times 100%)
= N400