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  • A trader buys tea for $1200 and sells it for $1500. Per s...
Multiple choice general knowledge

A trader buys tea for \$1200 and sells it for \$1500. Per sack of tea he makes a profit of $50. How many sacks of tea did he have?

  1. 8

  2. 6

  3. 4

  4. 12

Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Total profit = $1500 - $1200 = \$300. Profit per sack = \$50. Number of sacks = $300 / $50 = 6 sacks.

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